Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area
Mid-Market Retailer b Marshall Field’s is High End b Target is Discount b 265 stores in 14 states b Big Brands, Small Prices b Predominantly on the West Coast, but some stores in MN and MI
Entry Level Job Opportunities b b b b Executive In Training- Stores Mgmt. Executive In Training- Distribution Executive In Training- Assets Protection Executive In Training- Marketing Executive In Training- Finance Executive In Training- Human Resources Executive In Training- Merchandising
Recruitment b Still hiring on campus b Attend 14 campuses b Start dates=February, July, September b Process
EIT-Merchandising b Bachelor’s b 3. 0 Degree GPA b Quick-paced b Team/Group oriented b Analytical and Computer skills b Start salary=$40, 000
Structure of Buying Office b Merchandise Planning and Merchants b MP=financial side b Merchants=Buyers (product side) b Everyone sits together and shares information
Training Program=3 - 4 months b b b 40% Classroom 15 -25 trainees What is retail Mervyn’s/Target Corp. Computer Systems Financials b b 60% in Office Paired with Mentor Application of learning Gain some responsibility
Placement Position=Business Analyst (1 - 1. 5 years) b b b b Paired with a buyer In charge of 8 -20 different programs, $50 million Financial forecasting of seasonal/yearly business Ordering Merchandise Balancing Inventory Reacting to Sales Trends Turn a profit
Sr. Business Analyst (1 - 1. 5 yrs) b Similar job functions of BA b Greater volume responsibility b Demonstrate leadership & strong financial/strategic views of business b Become a mentor b Take classes to prepare for next position
Manager b Provide financial leadership for the merchandising team b Manage all financial components within your buying office b Lead people, in charge of all analysts in your department b Annual volume can range from$65 - 250 million
Buyer b Manage specific merchandise classifications b Developing, purchasing, pricing, presentation, and promotion of product b Buy $30 -100 million of product
Senior Buyer b Development and leadership of entire department b Pairs with manager to lead department b Key Buying Merchant with superior product knowledge b Responsible for $65 - 250 million
Performance Reviews b Twice a year, February and August b Objective and Subjective b Determine both raise and bonus
Compensation b 10 days vacation, 3 personal days, unlimited sick days, 6 holidays b Medical, dental, vision b 401 (k) b Transportation
Culture b Very relaxed b Business casual environment, including jeans b First names b Work hard/play hard b Demonstrate what you want, and Mervyn’s will help you get there
My Career Path b Recruited from campus b Training b Business Analyst b Human Resources
Interviews at IU b Info Session on Oct. 24 th b Interviews on Oct. 25 th b Both BPO and CDC b Media Presentation tonight at the IMU
Thank You & Questions
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