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Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area
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Mid-Market Retailer Marshall Field’s is High End Marshall Field’s is High End Target is Discount Target is Discount 265 stores in 14 states 265 stores in 14 states Big Brands, Small Prices Big Brands, Small Prices Predominantly on the West Coast, but some stores in MN and MI Predominantly on the West Coast, but some stores in MN and MI
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Entry Level Job Opportunities Executive In Training-Stores Mgmt. Executive In Training-Stores Mgmt. Executive In Training-Distribution Executive In Training-Distribution Executive In Training-Assets Protection Executive In Training-Assets Protection Executive In Training-Marketing Executive In Training-Marketing Executive In Training-Finance Executive In Training-Finance Executive In Training-Human Resources Executive In Training-Human Resources Executive In Training-Merchandising Executive In Training-Merchandising
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EIT-Merchandising Bachelor’s Degree Bachelor’s Degree 3.0 GPA 3.0 GPA Quick-paced Quick-paced Team/Group oriented Team/Group oriented Analytical Skills Analytical Skills Start salary=Lower $40s Start salary=Lower $40s
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Recruitment Still hiring on-campus, Full-time & Interns Still hiring on-campus, Full-time & Interns Attend 14 campuses Attend 14 campuses Start dates=Various times throughout the year Start dates=Various times throughout the year
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Structure of Buying Office Merchandise Planning and Merchants Merchandise Planning and Merchants MP=financial side MP=financial side Merchants=Buyers Merchants=Buyers Everyone sits together and shares knowledge Everyone sits together and shares knowledge
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Training Program-4-5 Months 40% Classroom 40% Classroom 15-25 trainees 15-25 trainees What is retail What is retail Mervyn’s/Target Corp Mervyn’s/Target Corp Computer Systems Computer Systems Financials Financials 60% in Office Paired with mentor Application of learning Gain some responsibility
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Placement Position=Business Analyst (1-1.5 years) Paired with a Buyer Paired with a Buyer In charge of 8-20 different programs, $50 million In charge of 8-20 different programs, $50 million Financial forecasting of seasonal/yearly business Financial forecasting of seasonal/yearly business Ordering Merchandise Ordering Merchandise Balancing Inventory Balancing Inventory Reacting to Sales Trends Reacting to Sales Trends Turn a profit Turn a profit
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Sr. Business Analyst(1-1.5yrs) Similar job functions of BA Similar job functions of BA Greater volume responsibility Greater volume responsibility Demonstrate leadership & strong financial and strategic view of business Demonstrate leadership & strong financial and strategic view of business Become a mentor Become a mentor Take classes to prepare for next position Take classes to prepare for next position
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Manager Provide financial leadership for the merchandising team Provide financial leadership for the merchandising team Manage all financial components within your buying office. Manage all financial components within your buying office. Lead people, in charge of all analysts in your department Lead people, in charge of all analysts in your department Annual volume can range from $65-250 million Annual volume can range from $65-250 million
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Buyer Manage specific merchandise classifications Manage specific merchandise classifications Developing, purchasing, pricing, presentation, and promotion of product. Developing, purchasing, pricing, presentation, and promotion of product. Buy $30-100 million annually Buy $30-100 million annually
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Senior Buyer Development and leadership of entire department Development and leadership of entire department Pairs with manager to lead department Pairs with manager to lead department Key Buying Merchant with superior product knowledge Key Buying Merchant with superior product knowledge Responsible for $65-250 million Responsible for $65-250 million
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Performance Reviews Twice a year, February and August Twice a year, February and August Objective and subjective Objective and subjective Determine both raise and bonus Determine both raise and bonus
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Compensation 10 days vacation, 3 personal days, unlimited sick days, 6 holidays 10 days vacation, 3 personal days, unlimited sick days, 6 holidays Medical, dental, vision Medical, dental, vision 401(k) 401(k) Transportation (BART) Transportation (BART) Relocation Assistance Relocation Assistance
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Culture Very relaxed Very relaxed Business casual environment, jeans on Fridays Business casual environment, jeans on Fridays First names First names Work hard/play hard Work hard/play hard Demonstrate what you want, and Mervyn’s will help you get there. Demonstrate what you want, and Mervyn’s will help you get there.
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Interviews at IU Info Session on February 18 th Info Session on February 18 th Interviews on February 19 th & 20 th Interviews on February 19 th & 20 th At BPO Process of interview At BPO Process of interview Second Round Interviews March 28 th & 29 th Second Round Interviews March 28 th & 29 th
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