Pros
Certain departments like Fragrance and Cosmetics used to pay a decent salary, $14-$18 plus 5% commission. This is no longer the case. Healthcare benefits were horrible. 401k was decent but in no way balances all the negatives. So there are no pros about it anymore. The current pay is somewhere around the minimum wage regardless of the dept. There is no opportunity for growth here so you can forget about that! Their strategy is very simple: hire people, exploit them, and hang them out to dry.
Cons
Myopic mentality. Most employes are treated less than human. Most managers were not suited to manage. Most got the job because they new someone not because of their qualifications. Needless to say, hardly any of them carried a business degree or any degree for that matter.