Pros
Such a diverse company - so much happening, it's impossible to be bored or feel stuck. Lots of lateral mobility. Bonus random celebrity sightings! Anyone can literally come up with a million dollar idea and figure out how to execute it on air or online.
Cons
Not a great work-life balance, especially when the "store" is open 24 hours a day, 364 days a year. Also, you know what they say, crap rolls down hill. Can be very tough for the people lowest on the totem pole. Not unusual for the most junior merchants to work well into the evening hours during a normal work week, and even come in on weekends to finish up the "boring" parts of their job (tracking PO's and inventory loading status for shows, processing the Open to Buy, requesting and following up on RA requests for bad inventory, submitting items for Quality Assurance inspection, etc.), so that they had time during the day to tag along and do the more "fun" aspects of their job (vendor meetings and presentations, host meetings, etc.). Becomes infinitely more difficult to manage when you have a family to juggle as well, especially babies and young children not in school. There is a general sentiment of "we understand, but we still expect you to be a top performer and put the company first."