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Aaron Walters and the business of a better Monday
Aaron Walters learned retail in stockrooms and billion-dollar merchandise businesses. At Altar'd State, he put that experience toward a different ambition: making giving part of the working week.
Altar'd State
Altar'd State is a Knoxville, Tennessee-based women's fashion and lifestyle retailer founded in 2009 by Aaron Walters and Brian Mason, built around a simple structural choice: give a fixed slice of revenue away every week rather than treat philanthropy as a marketing line item. Through its Mission Monday program, 10% of net proceeds from a designated day each week goes to a local nonprofit chosen by each individual store, a practice that has routed money to thousands of community organizations. The chain sells apparel, accessories, jewelry, gifts and home decor in boutique-style stores in malls and lifestyle centers across roughly 39 states, and online at altardstate.com. Altar'd State is the flagship of parent company Stand Out For Good, Inc., which also operates Arula (mid- and plus-size), Vow'd Weddings (bridal), Tullabee (baby and toddler) and AS Revival (activewear), plus a majority stake in Los Angeles furniture maker Lawson-Fenning. Reported annual revenue is in the $500-570 million range with roughly 2,700 employees.