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Mervyn’s-Target Corp. Hayward, CA Hayward, CA San Francisco Bay Area San Francisco Bay Area

Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

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Page 1: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Mervyn’s-Target Corp.

Hayward, CAHayward, CA

San Francisco Bay AreaSan Francisco Bay Area

Page 2: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Mid-Market Retailer

Marshall Field’s is High EndMarshall Field’s is High End Target is DiscountTarget is Discount 265 stores in 14 states265 stores in 14 states Big Brands, Small PricesBig Brands, Small Prices Predominantly on the West Coast, Predominantly on the West Coast,

but some stores in MN and MIbut some stores in MN and MI

Page 3: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Entry Level Job Opportunities Executive In Training-Stores Mgmt.Executive In Training-Stores Mgmt. Executive In Training-DistributionExecutive In Training-Distribution Executive In Training-Assets ProtectionExecutive In Training-Assets Protection Executive In Training-MarketingExecutive In Training-Marketing Executive In Training-FinanceExecutive In Training-Finance Executive In Training-Human ResourcesExecutive In Training-Human Resources Executive In Training-Executive In Training-

MerchandisingMerchandising

Page 4: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

EIT-Merchandising

Bachelor’s DegreeBachelor’s Degree 3.0 GPA3.0 GPA Quick-pacedQuick-paced Team/Group orientedTeam/Group oriented Analytical SkillsAnalytical Skills Start salary=Lower $40sStart salary=Lower $40s

Page 5: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Recruitment

Still hiring on-campus, Full-time & Still hiring on-campus, Full-time & InternsInterns

Attend 14 campusesAttend 14 campuses Start dates=Various times Start dates=Various times

throughout the yearthroughout the year

Page 6: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Structure of Buying Office

Merchandise Planning and MerchantsMerchandise Planning and Merchants MP=financial sideMP=financial side Merchants=BuyersMerchants=Buyers Everyone sits together and shares Everyone sits together and shares

knowledgeknowledge

Page 7: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Training Program-4-5 Months 40% Classroom40% Classroom 15-25 trainees15-25 trainees What is retailWhat is retail Mervyn’s/Target Mervyn’s/Target

CorpCorp Computer Computer

SystemsSystems FinancialsFinancials

60% in Office60% in Office Paired with Paired with

mentormentor Application of Application of

learninglearning Gain some Gain some

responsibilityresponsibility

Page 8: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Placement Position=Business Analyst (1-1.5 years) Paired with a BuyerPaired with a Buyer In charge of 8-20 different programs, $50 millionIn charge of 8-20 different programs, $50 million Financial forecasting of seasonal/yearly businessFinancial forecasting of seasonal/yearly business Ordering MerchandiseOrdering Merchandise Balancing InventoryBalancing Inventory Reacting to Sales TrendsReacting to Sales Trends Turn a profitTurn a profit

Page 9: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Sr. Business Analyst(1-1.5yrs)

Similar job functions of BASimilar job functions of BA Greater volume responsibilityGreater volume responsibility Demonstrate leadership & strong financial Demonstrate leadership & strong financial

and strategic view of businessand strategic view of business Become a mentorBecome a mentor Take classes to prepare for next positionTake classes to prepare for next position

Page 10: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Manager

Provide financial leadership for the Provide financial leadership for the merchandising teammerchandising team

Manage all financial components within Manage all financial components within your buying office.your buying office.

Lead people, in charge of all analysts in Lead people, in charge of all analysts in your departmentyour department

Annual volume can range from $65-250 Annual volume can range from $65-250 millionmillion

Page 11: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Buyer

Manage specific merchandise Manage specific merchandise classifications classifications

Developing, purchasing, pricing, Developing, purchasing, pricing, presentation, and promotion of product.presentation, and promotion of product.

Buy $30-100 million annuallyBuy $30-100 million annually

Page 12: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Senior Buyer

Development and leadership of entire Development and leadership of entire departmentdepartment

Pairs with manager to lead departmentPairs with manager to lead department Key Buying Merchant with superior Key Buying Merchant with superior

product knowledgeproduct knowledge Responsible for $65-250 millionResponsible for $65-250 million

Page 13: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Performance Reviews

Twice a year, February and AugustTwice a year, February and August Objective and subjectiveObjective and subjective Determine both raise and bonusDetermine both raise and bonus

Page 14: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Compensation

10 days vacation, 3 personal days, 10 days vacation, 3 personal days, unlimited sick days, 6 holidaysunlimited sick days, 6 holidays

Medical, dental, visionMedical, dental, vision 401(k)401(k) Transportation (BART)Transportation (BART) Relocation AssistanceRelocation Assistance

Page 15: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Culture

Very relaxedVery relaxed Business casual environment, jeans on Business casual environment, jeans on

FridaysFridays First namesFirst names Work hard/play hardWork hard/play hard Demonstrate what you want, and Mervyn’s Demonstrate what you want, and Mervyn’s

will help you get there.will help you get there.

Page 16: Mervyn’s-Target Corp. Hayward, CA San Francisco Bay Area

Interviews at IU

Info Session on February 18Info Session on February 18 thth Interviews on February 19Interviews on February 19 thth & 20 & 20thth At BPO Process of interviewAt BPO Process of interview Second Round Interviews March 28Second Round Interviews March 28 thth & 29 & 29thth