Who Owns Time and Tru?
Time and Tru 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. Time and Tru operates as Walmart's dedicated women's clothing brand.
Parent Company
Walmart Inc.
Founded
2016
Status
Publicly Traded
Headquarters
Bentonville, Arkansas, USA
Who Owns Time and Tru?
- Parent Company: Walmart Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: WMT
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Time and Tru | Walmart Inc. | Wholly owned |
History of Time and Tru
- Founded: 2016
- Founders: Walmart (internal development)
Time and Tru was launched by Walmart in 2016 as the company's dedicated women's clothing brand, designed to provide fashionable and affordable apparel specifically for female customers. The brand was developed to fill a gap in Walmart's apparel portfolio by offering contemporary women's fashion with trend-responsive designs.
The brand initially focused on basic women's essentials such as tops, jeans, and dresses, with an emphasis on comfort, fit, and style. Throughout the late 2010s, Time and Tru expanded its product range to include more fashion-forward pieces, seasonal collections, and extended size ranges.
In recent years, Time and Tru has enhanced its focus on inclusive sizing, offering styles in a wide range of sizes to serve diverse body types. The brand has also embraced current fashion trends while maintaining its commitment to affordability and accessibility.
Time and Tru continues to evolve with changing consumer preferences, introducing new collections that balance contemporary fashion with practical everyday wear. The brand maintains its position as Walmart's primary women's clothing brand, competing with both national brands and other private labels.
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
- Revenue: approximately $681 billion (FY2025, year ended January 31, 2025)
- Employees: Approximately 2.1 million
Where Is Time and Tru Made / Based?
- Headquarters: Bentonville, Arkansas, USA
- Manufacturing / Operations: United States, Canada, Mexico, China, Bangladesh, Vietnam, Various international locations
Time and Tru Sustainability & Ethics
Time and Tru operates under Walmart's comprehensive sustainability framework, implementing environmental initiatives and ethical practices across its fashion operations. As a major private-label fashion brand, Time and Tru faces unique sustainability challenges related to textile production, supply chain management, and the environmental impact of fast fashion manufacturing.
Walmart's Environmental Goals: Time and Tru benefits from Walmart's updated voluntary environmental goals announced in December 2024, which focus on improving water security in high-risk locations, reducing packaging waste, and decreasing emissions. While Walmart acknowledged it is likely to miss its 2025 and 2030 climate change targets, the company remains committed to sustainability initiatives that benefit all its private-label brands.
Sustainable Commodities Initiative: Time and Tru participates in Walmart's Sustainable Commodities Report FY2025, which focuses on enabling systemic change in commodity sourcing. The brand is part of Walmart's 20x25 initiative, which continues to engage suppliers and identify ways to accelerate more sustainable commodity sourcing beyond 2025 in ways that are positive for customers and suppliers.
Supply Chain Responsibility: Time and Tru operates under Walmart's comprehensive supplier responsibility programs, ensuring ethical sourcing practices, fair labor standards, and environmental compliance throughout its supply chain. The brand works with manufacturing partners across multiple countries to maintain consistent quality and ethical standards.
Packaging Sustainability: As part of Walmart's packaging waste reduction initiatives, Time and Tru is working toward more sustainable packaging solutions, including reduced plastic usage, increased recycled content, and improved packaging designs that reduce environmental impact while maintaining product quality and affordability.
Carbon Footprint Management: Time and Tru participates in Walmart's efforts to decrease emissions across operations, though Walmart's operational emissions rose 1.1 percent in 2024 to 16 million metric tons. The brand works to optimize its supply chain and reduce the carbon footprint associated with clothing production and distribution.
Inclusive Sizing and Accessibility: Time and Tru's commitment to inclusive sizing represents an ethical approach to fashion accessibility, ensuring that women of different body types and sizes have access to stylish, affordable clothing options. This focus on inclusivity aligns with broader social responsibility goals in the fashion industry.
Affordability and Accessibility: Time and Tru's positioning as an affordable fashion brand represents a commitment to making stylish clothing accessible to a broader range of consumers, addressing social equity concerns in fashion accessibility and affordability.
Quality and Safety Standards: Time and Tru maintains rigorous quality control and safety standards for all its products, ensuring that affordable fashion does not compromise on product safety, quality materials, or manufacturing standards.
Supplier Diversity and Development: Walmart's supplier diversity programs benefit Time and Tru by ensuring opportunities for diverse suppliers and manufacturers, particularly in regions where the brand sources its products.
Transparency and Reporting: Time and Tru benefits from Walmart's comprehensive ESG reporting, including detailed sustainability initiatives and environmental performance metrics that inform stakeholders about the brand's sustainability progress and goals.
Local Economic Impact: Time and Tru's manufacturing operations contribute to local economic development in various regions through employment opportunities and supplier partnerships that support sustainable development.
Awards & Recognition
Time and Tru has received recognition within Walmart's private-label portfolio and the broader retail industry for its successful positioning in the women's fashion market and its ability to deliver affordable, stylish clothing to mass-market consumers.
Walmart Private Label Success: Time and Tru is recognized as one of Walmart's most popular women's fashion brands, acknowledged for successfully combining affordability with contemporary fashion trends and inclusive sizing options that serve diverse customer needs.
Fashion Industry Recognition: Time and Tru has been featured in fashion industry publications and media coverage highlighting Walmart's successful expansion into private-label fashion brands, with particular recognition for its ability to compete with national brands in the women's clothing segment.
Customer Choice Awards: Time and Tru has received consumer choice recognitions and positive reviews from fashion bloggers and influencers who praise the brand for delivering fashionable, affordable options that don't compromise on style or quality.
Retail Innovation Recognition: The brand's successful integration into Walmart's retail ecosystem and its ability to leverage Walmart's scale and distribution capabilities has been acknowledged as an example of effective private-label brand development.
Inclusive Fashion Recognition: Time and Tru has been recognized for its commitment to inclusive sizing and body positivity, providing fashionable options for women of all sizes and body types, which aligns with growing industry focus on diversity and inclusion.
Design Excellence Awards: The brand's contemporary fashion designs and ability to quickly respond to fashion trends while maintaining affordability have received recognition from fashion industry observers and retail analysts.
Market Position Achievement: Time and Tru's success in establishing itself as Walmart's primary women's clothing brand, competing effectively with both national brands and other private labels, has been acknowledged as a significant achievement in the competitive fashion retail market.
Supply Chain Excellence: The brand's ability to maintain consistent quality and affordability across its diverse manufacturing network has received recognition for operational excellence in private-label fashion management.
Customer Loyalty Recognition: Time and Tru has developed a loyal customer base that returns for the brand's combination of style, affordability, and inclusive sizing, demonstrating successful brand loyalty in the competitive women's fashion market.
Industry Media Coverage: Time and Tru has been featured in major fashion and retail media outlets, including Today.com and other publications that highlight Walmart's successful private-label fashion strategy and the brand's appeal to value-conscious fashion consumers.
Time and Tru Recalls & Controversies
Time and Tru, as part of Walmart's private-label portfolio, faces controversies primarily related to the broader challenges of fast fashion, supply chain labor practices, and the environmental impact of affordable clothing production. While the brand itself has not faced major specific scandals, it operates within an industry facing significant scrutiny.
Fast Fashion Environmental Impact: Time and Tru, like all affordable fashion brands, faces criticism regarding the environmental impact of fast fashion production, including resource consumption, waste generation, and the carbon footprint associated with mass-produced clothing and global distribution networks.
Supply Chain Labor Concerns: As a private-label brand sourcing from multiple international manufacturing locations, Time and Tru operates within an industry facing ongoing scrutiny regarding labor practices, working conditions, and fair wages in garment factories, particularly in developing countries.
Quality vs. Price Trade-offs: The brand's positioning as affordable fashion raises questions about the potential trade-offs between low prices and production quality, worker compensation, or environmental standards in the manufacturing process.
Walmart Corporate Controversies: Time and Tru is indirectly affected by controversies involving Walmart's broader business practices, including labor disputes, supplier relationships, and the company's impact on local communities and small businesses.
Fast Fashion Sustainability Challenges: The brand's participation in the fast fashion model raises concerns about overproduction, textile waste, and the environmental impact of rapidly changing fashion trends that encourage frequent clothing replacement and disposal.
Manufacturing Location Scrutiny: Time and Tru's manufacturing across multiple countries, including Bangladesh, Vietnam, and China, places the brand within supply chains that have faced criticism regarding labor rights, factory safety, and environmental compliance.
Consumer Perception of Private Labels: Some consumers express skepticism about private-label brands' quality, authenticity, and value compared to established national brands, creating challenges for Time and Tru in building brand trust and loyalty.
Walmart's ESG Performance: Walmart's acknowledgment that it is likely to miss its 2025 and 2030 climate change targets creates broader concerns about the environmental performance of all Walmart brands, including Time and Tru.
Competitive Pressure on Ethical Standards: The brand's need to maintain affordability while facing growing consumer expectations for ethical and sustainable fashion creates tension between price competitiveness and investment in improved environmental and social practices.
Retail Industry Consolidation Impact: Time and Tru operates within a retail landscape dominated by large corporations, raising concerns about market concentration, supplier power dynamics, and the impact on smaller, independent fashion brands and retailers.
Transparency Challenges: As a private-label brand, Time and Tru faces limitations in transparency regarding specific manufacturing locations, supplier relationships, and detailed environmental impact reporting compared to standalone fashion brands that must disclose more comprehensive information to consumers.
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- Terra & Sky - Walmart's plus-size women's clothing brand offering stylish and comfortable appa...
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Time and Tru Ownership: Pros & Cons
Advantages
- +Affordable women's fashion with contemporary styling
- +Wide product availability across Walmart's extensive store network
- +Comprehensive range of women's clothing categories and sizes
- +Backed by Walmart's purchasing power and supply chain expertise
- +Regular fashion updates and trend-responsive collections
- +Focus on inclusive sizing and diverse body types
Considerations
- -Limited availability outside Walmart stores
- -Competition from fast fashion retailers and specialty women's clothing brands
- -Product quality may vary by category and manufacturer
- -Dependency on Walmart's sourcing and quality control standards
- -Balance between fashion-forward design and mass-market pricing
- -Global supply chain challenges affecting women's apparel production
Frequently Asked Questions About Time and Tru
Sources & Further Reading
- Time and Tru Official Website
- Walmart Corporate Website
- Walmart Investor Relations
- Walmart ESG Report 2025
- Walmart Sustainable Commodities Report 2025
- Reuters: Walmart Climate Targets
- ESG Dive: Walmart ESG Update
- Trellis: Walmart 2025 ESG Analysis
- Walmart Private Label Brands List
- Stores Automation: Walmart Private Label Strategy
- Today.com: Walmart Private Label Fashion
- The Street: Walmart Designer Brands
- RD.com: Walmart Product Restrictions
- Fashion Industry Publications — Trade magazines and market analysis
- Fast Fashion Sustainability Resources — Environmental impact and ethical fashion guidelines
- Retail Industry Analysis — Market research and competitive intelligence
- Supply Chain Ethics Resources — Labor standards and manufacturing guidelines
- Consumer Protection Organizations — Product safety and consumer rights information
- Environmental Protection Agency — Manufacturing environmental standards
- Fair Labor Association — Worker rights and ethical sourcing certification
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Time and Tru
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Nike | USA | 1964 | Premium | Global | Unisex | |
| Savage X Fenty | USA | 2018 | Challenger | North america | Female |
Learn More About Competitors

Nike
Owned by Nike, Inc.
American multinational corporation that designs, develops, manufactures, and markets footwear, apparel, equipment, and accessories worldwide.

Savage X Fenty
Owned by Unknown Company
Inclusive lingerie and loungewear brand founded by Rihanna in 2018, valued at approximately $1 billion, backed by L Catterton private equity.
Competitive Analysis
Market Positioning: Time and Tru competes with 2 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Walmart Inc. Stock Information
Jobs at Walmart Inc.
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