Who Owns Allswell?
Allswell is owned by Walmart Inc. (NYSE: WMT), the publicly traded American retail giant headquartered in Bentonville, Arkansas. Walmart acquired Allswell in 2018, approximately one year after the brand launched as an independent direct-to-consumer mattress startup. Allswell operates as a wholly-owned brand within Walmart's home goods portfolio.
Parent Company
Walmart Inc.
Acquired
2018
Status
Publicly Traded
Headquarters
Bentonville, Arkansas, USA
Who Owns Allswell?
- Parent Company: Walmart Inc.
- Ownership Type: Wholly owned
- Acquisition Year: 2018
- Company Type: Publicly Traded
- Stock Ticker: NYSE: WMT
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Allswell | Walmart Inc. | Wholly owned |
History of Allswell
- Founded: 2017
- Founders: Ariel Kaye
- Acquired by Walmart Inc.: 2018
Allswell launched in 2017 under the creative direction of Ariel Kaye, who had previously founded Parachute Home, a popular bedding brand. The brand entered the online mattress market at a moment of intense competition, with Casper having raised $55 million by 2016 and Purple completing an initial public offering in 2018. Allswell's initial positioning was deliberately simple: two mattress models, a limited color palette, and price points well below premium competitors.
The original lineup consisted of a hybrid mattress retailing for approximately $345 in Twin size, a more premium "Supreme" hybrid at a higher price, and a curated set of bedding accessories including sheet sets and pillows. Distribution was exclusively online through allswell.com, relying on bed-in-a-box shipping methods that had become the standard for the category.
Walmart acquired Allswell in 2018. The price was not publicly disclosed. The rationale was straightforward: Walmart had already acquired Jet.com for $3.3 billion in 2016 and Bonobos for $310 million in 2017 as part of a broader push into premium direct-to-consumer brands. Allswell fit the same thesis, giving Walmart a credible mid-range mattress brand that did not carry the Walmart name and could appeal to millennial consumers who actively avoided mass-market retail associations.
Following the acquisition, Allswell expanded its product range to include bed frames, duvet covers, throws, and decorative pillows. Distribution extended to Walmart.com in addition to the standalone site. By 2020, certain Allswell products appeared in select Walmart physical locations, though the brand's primary channel remained online. This hybrid distribution distinguished Allswell from pure direct-to-consumer competitors with no physical presence.
The online mattress market contracted sharply between 2022 and 2024 after years of pandemic-driven demand surge. Casper was taken private in 2022 after posting consistent losses. Several smaller DTC mattress brands exited the market entirely. Allswell's backing by Walmart's logistics infrastructure and capital base insulated it from these pressures. As of June 2026, Allswell continues to operate with its core lineup of hybrid mattresses, bedding, and sleep accessories, maintaining its positioning below premium brands and above mass-market alternatives.
About Walmart Inc.
What does Walmart own?
Walmart Inc. owns Walmart Supercenters, discount stores, and Neighborhood Markets in the US; Sam's Club warehouse clubs; approximately an 81% stake in Flipkart (India's leading e-commerce platform); Walmart Mexico (Walmex), the largest retailer in Mexico; Walmart Canada; and operations in Central America, Chile, China, and other countries. Private-label brands include Great Value, Equate, Onn., Mainstays, and Bettergoods. Walmart also owns Walmart Connect, its advertising network, and operates Walmart+, a paid membership service.
Is Walmart publicly traded?
Yes. Walmart Inc. has been listed on the New York Stock Exchange under ticker WMT since October 1970. Despite being a public company, the Walton family retains effective control through approximately 46% of shares held through Walton Enterprises LLC and other family entities. The remaining shares are held by institutional investors including Vanguard and BlackRock, and by public shareholders.
Who founded Walmart?
Sam Walton founded Walmart, opening the first store in Rogers, Arkansas on July 2, 1962. Walton had previously operated Ben Franklin franchise stores in Arkansas, where he developed the low-cost, high-volume retail philosophy that became Walmart's foundation. He died on April 5, 1992, at age 74. His family continues to hold the controlling stake in the company.
Where is Walmart headquartered?
Walmart is headquartered in Bentonville, Arkansas, USA, where Sam Walton established the company's roots in the 1950s. The company's global headquarters, principal executive offices, and main distribution and technology infrastructure are concentrated in northwest Arkansas. Walmart operates in more than 20 countries, with its largest store concentration in the United States.
How many brands does Walmart own?
Walmart operates approximately 20 private-label and exclusive consumer brands, including Great Value (grocery), Equate (health and beauty), Onn. (electronics), Mainstays (home), and Bettergoods (premium food, launched 2024). These brands represent a smaller portion of Walmart's total merchandise revenue than at some competitors; most of what Walmart sells is national branded products from manufacturers.
Who owns Walmart?
Walmart Inc. is a public company with shares traded on the NYSE. The largest shareholder group is the Walton family, which collectively holds approximately 46% of outstanding shares through Walton Enterprises LLC and related entities. The Walton family is consistently ranked among the wealthiest families in the world as a result of this stake, with a combined net worth estimated in excess of $200 billion. Institutional investors including Vanguard, BlackRock, and State Street collectively hold a significant portion of the remaining shares.
Is Sam's Club owned by Walmart?
Yes. Sam's Club is a wholly-owned division of Walmart Inc. It operates as a separate business segment within Walmart's financial reporting but is not a publicly traded entity on its own. Sam's Club was founded by Sam Walton in 1983, named in his honor, and operates approximately 600 warehouse club locations in the United States.
- Founded: 1962
- Headquarters: Bentonville, Arkansas, USA
- Company Type: Publicly Traded
- Stock: NYSE: WMT
- Revenue: approximately $681 billion (FY2025, ended January 31, 2025)
- Employees: Approximately 2.1 million
Where Is Allswell Made / Based?
- Headquarters: Bentonville, Arkansas, USA
- Manufacturing / Operations: United States, China
Allswell Recalls & Controversies
Allswell has no documented product safety recalls as of June 2026. The brand has not been the subject of CPSC (Consumer Product Safety Commission) actions or formal regulatory enforcement.
Walmart's broader labor practices have generated ongoing controversy. In 2023, the United Food and Commercial Workers union and various labor advocacy organizations cited Walmart for inadequate wages at distribution facilities. These disputes are at the parent company level and do not directly involve Allswell's operations, but they affect brand perception for consumers who consider corporate ownership when making purchases.
The DTC mattress industry broadly has faced scrutiny regarding review authenticity. The Federal Trade Commission has pursued cases against brands that paid for or fabricated consumer reviews. Allswell has not been named in any such proceedings as of June 2026.
Brands Owned by Walmart Inc.
- Better Homes & Gardens - Licensed home goods brand available exclusively at Walmart, offering stylish fur...
- bettergoods - Walmart's elevated private label food brand launched in 2024, offering chef-insp...
- Equate - Walmart's flagship health and beauty private label brand with 75% U.S. household...
- Fabuloso - Walmart-owned multipurpose cleaner brand offering affordable and effective clean...
- Flipkart - Indian e-commerce platform owned by Walmart, offering online retail, electronics...
- Freshness Guaranteed - Walmart's fresh produce and perishable foods brand offering quality fruits, vege...
- George - Walmart's flagship clothing brand offering affordable and stylish apparel for me...
- Great Value - Walmart's private label brand offering affordable groceries and household produc...
- Mainstays - Walmart's primary private label brand offering affordable home furniture, beddin...
- Marketside - Walmart's fresh and prepared foods brand offering restaurant-quality deli items,...
- Ol' Roy - Walmart's private label dog food brand offering affordable dry and canned dog fo...
- onn - Walmart's private label consumer electronics brand offering affordable TVs, tabl...
- Parent's Choice - Walmart's private label baby products brand offering affordable diapers, wipes, ...
- Pen+Gear - Walmart's private label office supplies brand offering affordable paper, writing...
- The Pioneer Woman - Licensed kitchenware and home decor brand created by Ree Drummond, featuring rus...
- Protective - Walmart's private label cleaning supplies brand offering affordable household cl...
- Pure Balance - Walmart's pet food brand offering natural and nutritious food options for dogs a...
- Sam's Choice - Walmart's premium private label brand offering higher-quality groceries, beverag...
- Scoop - Walmart's laundry detergent brand offering affordable and effective cleaning sol...
- Simply Basic - Walmart's private label brand offering essential personal care and beauty produc...
- Spring Valley - Walmart's private label brand offering vitamins, supplements, and herbal product...
- Terra & Sky - Walmart's plus-size women's clothing brand offering stylish and comfortable appa...
- Time and Tru - Walmart's women's clothing brand offering stylish and affordable apparel with a ...
- Walmart Health - Walmart's retail healthcare clinic initiative launched in 2019 and shut down in ...
- Walmart+ - Walmart's paid membership subscription service launched in 2020, offering free d...
- Wonder Nation - Walmart's children's clothing brand offering durable, comfortable, and stylish a...
Allswell Ownership: Pros & Cons
Advantages
- +Access to Walmart's national fulfillment network reduces last-mile delivery cost
- +Walmart's supplier relationships in China and the U.S. support competitive mattress sourcing
- +CertiPUR-US foam certification provides independently verified chemical safety assurance
- +Visibility on Walmart.com's 110 million monthly visitors substitutes for costly paid acquisition
- +Walmart's capital base insulates the brand during market downturns that affected standalone DTC competitors
Considerations
- -Walmart brand association may deter consumers with negative perceptions of mass-market retail
- -Walmart's labor practice controversies affect the broader corporate reputation
- -Allswell's financial performance is not separately disclosed, limiting competitive transparency
- -Limited social presence and brand community compared to competitors like Casper and Purple
- -Concentrated distribution through Amazon-alternative channels leaves the brand dependent on Walmart.com traffic
Frequently Asked Questions About Allswell
Sources & Further Reading
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Allswell
No direct competitors found in the same category. This could be because Allswelloperates in a unique market segment or we're still building our competitor database.
Walmart Inc. Stock Information
Jobs at Walmart Inc.
Latest News About Allswell
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