Pros
Exposure to partnerships with some of the biggest brands in the industry. As such a big company, you are often the most important account for your vendors, which comes with a lot of purchasing power. You will get exposure to a wide range of people - some buyers have been with the company for 20+ years while others are right out of college - which makes for a well-rounded dynamic and access to a wealth of knowledge and perspectives. The dress code just changed from business professional to business casual which has helped with the overall morale and company culture. The office, although not located downtown, is a first-class facility and has everything you need - cafeteria, full-service restaurant, incredible 2-level gym, dry cleaner, bank, post office, notary, etc.
Cons
Senior management is incredibly political and every one operates by trying to guess what the CEO wants them to do instead of just doing what's right for the business, which often leads to a lot of things going ditch-to-ditch. Systems are cumbersome and outdated which can make simple tasks take twice as long as they should and often creates the need for a lot of rework. There are also a ton of processes in place to ensure accuracy and accountability that wouldn't need to exist if the systems were upgraded. Paid holidays are few and far between - you only get the 5 major holidays off while the vendor community you work with, as well as other retailers I have worked for, get all bank holidays off as well.