1. What is Retail? Retail Dispelling the Myths of Retail
                                  
                                  
                                  
                                  
                                  
                                  
                                  
                                  
Retail
Dispelling the Myths of Retail
Career Opportunities in Retail
Thank you and welcome
Introduce yourself and give your background.
Begin presentation

2. Retail is
                                 
                                  
                                  
                                  
Ensuring merchandising product is consistent with both the consumers’ needs and the company brand it represents
Target is an upscale discounter with focus on the hottest trend merchandise and the everyday basics all families need. Its combined emphasis on style, quality, affordability, and clean, attractive stores makes it a one-of-a-kind retailer.
                                                   
Give an example of items that are consistent with the consumer needs and the brand.
Retail is TARGET.

3. The Myths
of retail
The Stability
The Hours
The Salary
The Benefits

4. stability The Retail is one of the largest industries in the world.
Target Corporation is ranked 25 on the Fortune 500 list.
In 2002 Target Corporation revenues were over $43.9 billion.
Target Corporation is the second largest general merchandise retailer
Target Corporation employs 305,000 team members
Target – 245,000
Marshall Fields – 26,000
Mervyn’s – 33,000
Other – 25,000
Target Corporation operates 1,517 stores
Target - 1,189 stores
Marshall Fields stores
Mervyn’s – 266 stores
Target Corporation operates in 47 states

5. hours The Corporate headquarters Monday thru Friday 40-50 hours a week
Nights/weekends not required
Retail is cyclical - peaks & valleys
Talk about your hours, include peaks & valleys

6. salary The Opportunity to start in upper $30K’s
Potential to double your salary in years

7. benefits The Competitive annual bonus program
Best 401K program in retail
Tuition Reimbursement program
Comprehensive medical and dental coverage plans
Depending on how each department and division performs, each Business Analyst has the potential to earn up to a $4,000 bonus. In order to receive the bonus you must meet individual performance criteria and be a Target Corporation team member at the time of pay out. As you are promoted from one position to the next, the eligibility will increase: Buyer/Manager(1st level), $8,000; Buyer/Manager(2nd level), $12,000; Buyer/Manager (3rd level), $16,000; Sr. Buyers run off of a different program, up to 50% of salary.
Best 401K in Retail - after 1,000 hours of work you can deposit from 1% to 20% of your paycheck into the TGT 401(k) either before and/or after taxes. You have a choice of 12 investment funds. TGT will match your deposits, dollar for dollar, up to 5% of your pay and invest it in Target Corporation Stock.
And much, much more: dependent life insurance, 10 days of vacation (first 5 years), 6 paid national holidays, life insurance, 3 personal holidays (first 5 years), STD, LTD, legal services, adoption assistance reimbursement, cross company discount, pension, a credit union, dependent-care spending account, automobile and homeowner’s/renter’s insurance through payroll deduction, home loan program, cell phone service, relocation assistance, and computer discounts.

8. retail offer? What else does Diverse experiences
High level of Responsibility
Challenging career
Please talk about your level of responsibility when you started along with your level now

9. Diverse
experiences
Work closely with some of the biggest companies in the world
Opportunities to run both imported and domestic businesses
Work side-by-side with Advertising, Trend, Micro-Marketing Teams
Please give examples of the big name vendors that you work with currently.
Please give examples of imported Vs. domestic businesses.

10. responsibility High level of
                                                      
                                                      
                                                      
Drive your own multimillion dollar business
Autonomy to make decisions
Analyzing how external events affect your business
What dollar amount do your categories represent? How do you drive your business?
How do external events affect your business? How do you analyze this?

11. career A Challenging Strategic Thinking Market Analysis Risk-Taking
Leadership
Creativity

12. opportunities Target Headquarters Career Who goes into Merchandising?
What is a typical Career Path?

13. Merchandising? Who goes into Accounting majors Finance majors
Liberal Arts majors
Marketing majors
Management majors
Retail majors

14. career path? What is a typical
Merchandise Planning (Inventory Control)
Merchandising (Buying)
Divisional Merchandise Manager
Director of Merchandise Planning
Senior Buyer
Buyer (2nd level)
Manager
Please give examples of each position.
College grads usually spend an average of months as a Business Analyst, months as a Sr. Business Analyst, months as a Manager/Buyer and then either move to the Buyer 2nd level position or get promoted to a Manager. Every time you are promoted, you earn a salary increase.
You can become a Buyer in as little as three years!
Buyer (1st level)
Senior Business Analyst
Business Analyst
Executive-in-Training

15. responsibilities Business Analyst Managing and allocating inventory
Formulating in-depth financial forecasts
Negotiating and maintaining business relationships with the largest vendors in the marketplace
Being responsible for over $50 million in your first year as a young professional
Navigate your business through today’s economic trends
Please give specific examples of each.

16. career with... Looking for a Significant responsibility
Fast paced, ever-changing environment
Autonomy
Teamwork
Opportunity for advancement
An award winning training program
Target's training program is approximately 15 weeks. The comprehensive program is designed to combine theory and practical training by offering classroom, on-the-job and stores training. Target's Leadership and Team Development department also offers a wide variety of training workshops to further personal growth and developmental needs.

17. questions What do you have for us? Open the floor to questions.
                                 
What
questions
do you have
for us?
Open the floor to questions.
Close with a thank you and tell the students when we will be on campus for our Presentations and Interviews for the Executive-in-Training (EIT), Merchandising/Business Analyst position.
Students may sign-up for interviews through the BPO/website.