
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.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Time and Tru | Walmart Inc. | Wholly owned |
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.
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.
Time and Tru operates under Walmart's sustainability framework. As a private-label fashion brand, it faces challenges related to textile production, supply chain management, and the environmental impact of affordable clothing production.
Walmart announced updated voluntary environmental goals in December 2024, focusing on improving water security in high-risk locations, reducing packaging waste, and decreasing emissions. Walmart acknowledged it is likely to miss its 2025 and 2030 climate change targets, but remains committed to sustainability initiatives that benefit all its private-label brands. Walmart's operational emissions rose 1.1 percent in 2024 to 16 million metric tons.
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, engaging suppliers to accelerate more sustainable commodity sourcing.
Time and Tru operates under Walmart's supplier responsibility programs, ensuring ethical sourcing practices, fair labor standards, and environmental compliance. The brand works with manufacturing partners across multiple countries including Bangladesh, Vietnam, and China, placing it within supply chains that have faced criticism regarding labor rights, factory safety, and environmental compliance.
Time and Tru's commitment to inclusive sizing represents an ethical approach to fashion accessibility, ensuring that women of different body types have access to stylish, affordable clothing. However, the brand's participation in the fast fashion model raises concerns about overproduction, textile waste, and the environmental impact of rapidly changing fashion trends.
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.
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. The brand has been featured in fashion industry publications highlighting Walmart's successful expansion into private-label fashion brands.
Time and Tru has received positive reviews from fashion bloggers and influencers who praise the brand for delivering fashionable, affordable options. The brand's successful integration into Walmart's retail ecosystem has been acknowledged as an example of effective private-label brand development.
Time and Tru has been recognized for its commitment to inclusive sizing and body positivity, providing fashionable options for women of all sizes. The brand has been featured in major fashion and retail media outlets, including Today.com, highlighting Walmart's successful private-label fashion strategy.
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 environmental impact.
Fast Fashion Environmental Impact: Time and Tru 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 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.
Walmart 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.
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.
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 |
|---|---|---|---|---|---|---|
| Asda | United Kingdom | 1989 | Mass market | United kingdom | Unisex | |
| Walmart | USA | 2017 | Value brand | United states | Womens |
Fashion ApparelOwned by Asda
British mass market fashion label founded by George Davies for Asda in 1989. The second best-selling clothing brand in the UK by volume, owned by Asda under TDR Capital ownership.
Fashion ApparelOwned by Walmart Inc.
Walmart's private label plus-size women's clothing brand offering affordable fashion in sizes 14-32.
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.
Looking for brands with different ownership structures? These similar brands are not owned by Walmart Inc., giving you alternative choices that support different corporate structures.
Fashion ApparelOwned by Asda
British mass market fashion label founded by George Davies for Asda in 1989. The second best-selling clothing brand in the UK by volume, owned by Asda under TDR Capital ownership.
George is privately owned, unlike Time and Tru which is under a publicly traded parent company.
Fashion ApparelOwned by Authentic Brands Group
American fast fashion brand owned by Authentic Brands Group; the U.S. retail operating company filed for Chapter 11 bankruptcy in March 2025 and closed all 354 U.S. stores.
Forever 21 is privately owned, unlike Time and Tru which is under a publicly traded parent company.
Fashion ApparelOwned by Authentic Brands Group
American apparel brand specializing in nautical-inspired clothing, outerwear, and lifestyle products for men, women, and children. Owned by Authentic Brands Group and operated by Catalyst Brands.
Nautica is privately owned, unlike Time and Tru which is under a publicly traded parent company.
Fashion ApparelOwned by Marquee Brands LLC
Canadian heritage outdoor and lifestyle brand founded in 1973, known for leather goods, apparel, and the iconic salt and pepper sweatpants. Acquired by Marquee Brands in August 2026 for approximately C$160.7 million.
Roots is privately owned, unlike Time and Tru which is under a publicly traded parent company.
Fashion ApparelOwned by Savage X Fenty LLC
Inclusive lingerie and loungewear brand founded by Rihanna in 2018, valued at $1 billion, with approximately $330 million in total funding from investors including L Catterton, Neuberger Berman, and Advent International.
Savage X Fenty is privately owned, unlike Time and Tru which is under a publicly traded parent company.
Fashion ApparelOwned by Shein
Global online fashion and lifestyle brand operated by Singapore-headquartered Shein, known for an on-demand retail model and broad international reach.
SHEIN is privately owned, unlike Time and Tru which is under a publicly traded parent company.
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