Who Owns Simply Basic?
Simply Basic is owned by Walmart Inc., a publicly traded American multinational retail corporation founded by Sam Walton in 1962. Walmart trades on NYSE under ticker WMT and is headquartered in Bentonville, Arkansas, USA. Simply Basic operates as Walmart's value-focused personal care brand.
Parent Company
Walmart Inc.
Founded
2005
Status
Publicly Traded
Headquarters
Bentonville, Arkansas, USA
Who Owns Simply Basic?
- Parent Company: Walmart Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: WMT
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Simply Basic | Walmart Inc. | Wholly owned |
History of Simply Basic
- Founded: 2005
- Founders: Walmart (internal development)
Simply Basic was introduced by Walmart in 2005 as the company's value-focused private label brand for essential personal care and beauty products. This founding vision demonstrated exceptional insight into the growing demand for beauty personal care solutions while establishing a distinctive approach that would define the beauty personal care category for generations. The brand was developed to provide customers with basic personal care items at the lowest possible price point while maintaining acceptable quality standards. This strategic positioning demonstrated Simply Basic's exceptional ability to create differentiated beauty personal care solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
Throughout the late 2000s and 2010s, Simply Basic expanded its product range to include core personal care essentials such as soap, shampoo, deodorant, lotion, and basic beauty items. This period of excellence demonstrated Simply Basic's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple beauty personal care segments. The brand focused on providing no-frills products that met fundamental personal care needs without premium features or packaging. This strategic diversification demonstrated Simply Basic's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the beauty personal care industry.
In recent years, Simply Basic has maintained its position as Walmart's most affordable personal care brand, serving budget-conscious customers who prioritize price over premium features. This continued evolution demonstrated Simply Basic's exceptional ability to maintain market relevance while adapting to changing beauty personal care requirements and technological advancements. The brand continues to offer essential products across personal care categories while competing with other Walmart private labels like Equate. This continued excellence demonstrates Simply Basic's exceptional ability to maintain market leadership while adapting to changing beauty personal care dynamics and regulatory requirements. This strategic integration demonstrated Simply Basic's exceptional ability to integrate into larger beauty personal care corporations while maintaining its core brand identity and cultural significance in the personal-care industry.
The brand has adapted to changing consumer preferences by maintaining its value positioning while ensuring product quality meets basic standards for safety and effectiveness. This continued evolution demonstrated Simply Basic's exceptional ability to maintain market relevance while adapting to changing beauty personal care requirements and corporate dynamics. This continued success represents a significant milestone in the evolution of personal-care and consumer-focused beauty personal care solutions. This strategic partnership demonstrated Simply Basic's exceptional ability to leverage corporate resources while maintaining its distinct beauty personal care identity and market leadership. This continued excellence demonstrates Simply Basic's exceptional ability to maintain market leadership while adapting to changing beauty personal care dynamics and regulatory requirements. This strategic integration demonstrated Simply Basic's exceptional ability to integrate into larger beauty personal care corporations while maintaining its core brand identity and cultural significance in the personal-care industry. This continued success represents a significant milestone in the evolution of personal-care and consumer-focused beauty personal care solutions. This strategic partnership demonstrated Simply Basic's exceptional ability to leverage corporate resources while maintaining its distinct beauty personal care identity and market leadership. This continued excellence demonstrates Simply Basic's exceptional ability to maintain market leadership while adapting to changing beauty personal care dynamics and regulatory requirements. This strategic integration demonstrated Simply Basic's exceptional ability to integrate into larger beauty personal care corporations while maintaining its core brand identity and cultural significance in the personal-care industry.
About Walmart Inc.
What does Walmart own?
Walmart Inc. owns and operates Walmart discount stores, Walmart Supercenters, Walmart Neighborhood Markets, and Sam's Club warehouse clubs in the United States. Internationally, Walmart owns a majority 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 markets. Walmart also owns Walmart+, its subscription membership service, and Walmart Connect, its retail media advertising network.
Is Walmart publicly traded?
Yes, Walmart Inc. is listed on the New York Stock Exchange under ticker WMT. The company has been publicly listed since 1970. The Walton family, descendants of founder Sam Walton, collectively hold approximately 46% of Walmart's shares through Walton Enterprises LLC and other entities, giving them effective control over the company. The remaining shares are held by institutional investors and public shareholders.
Who founded Walmart?
Walmart was founded by Sam Walton, who opened the first Walmart store in Rogers, Arkansas on July 2, 1962. Walton had previously operated Ben Franklin variety stores as a franchisee and had developed a deep understanding of retail operations. His concept was to offer a wide range of merchandise at consistently low prices in smaller towns underserved by larger retailers. Sam Walton died in April 1992 at the age of 74. The Walton family continues to hold a controlling stake in the company.
Where is Walmart headquartered?
Walmart is headquartered in Bentonville, Arkansas, USA, where the company has been based since its founding. The company's global headquarters and principal executive offices are located in Bentonville. Walmart operates more than 10,500 stores and clubs across more than 20 countries, with its largest concentration of stores in the United States.
How many stores does Walmart operate?
Walmart operates more than 10,500 stores and clubs across more than 20 countries. In the United States, Walmart operates approximately 4,600 stores under the Walmart banner and approximately 600 Sam's Club locations. Internationally, Walmart operates stores in Mexico, Canada, China, Central America, Chile, and other markets, and holds a majority stake in Flipkart, India's leading e-commerce platform.
Who owns Walmart?
Walmart Inc. is publicly traded on the NYSE, but the Walton family holds a controlling interest of approximately 46% of shares through Walton Enterprises LLC and other entities. The Walton family, descendants of founder Sam Walton, are among the wealthiest families in the world as a result of this stake. The remaining approximately 54% of shares are held by institutional investors and public shareholders. Doug McMillon serves as President and CEO.
- Founded: 1962
- Headquarters: Bentonville, Arkansas, USA
- Company Type: Publicly Traded
- Stock: NYSE: WMT
Where Is Simply Basic Made / Based?
- Headquarters: Bentonville, Arkansas, USA
- Manufacturing / Operations: United States, Canada, Mexico, China, Various international locations
Brands Owned by Walmart Inc.
- Allswell - Walmart's direct-to-consumer mattress and bedding brand offering quality sleep p...
- 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...
- Durabrand - Walmart's private label electronics brand originally launched in 1999, offering ...
- 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...
- 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 ...
- Wonder Nation - Walmart's children's clothing brand offering durable, comfortable, and stylish a...
Simply Basic Ownership: Pros & Cons
Advantages
- +Lowest price point among Walmart personal care brands
- +Wide product availability across Walmart's extensive store network
- +Essential personal care products for budget-conscious consumers
- +Backed by Walmart's purchasing power and supply chain expertise
- +Consistent availability and shelf space in Walmart stores
- +Basic quality standards for safety and effectiveness
Considerations
- -Limited product features and premium formulations
- -Basic packaging and presentation compared to other brands
- -Limited availability outside Walmart stores
- -Competition from other value brands and discount retailers
- -Dependency on Walmart's sourcing and quality control standards
- -Consumer perception trade-offs between price and quality
Frequently Asked Questions About Simply Basic
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Simply Basic
No direct competitors found in the same category. This could be because Simply Basicoperates in a unique market segment or we're still building our competitor database.
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