Pros
Stride Rite has a great well-known name brand - so that alone makes having worked there look nice on your resume. They also have a great building and perks - 50% off shoes and sometimes free shoes. They also are very good about work/life balance, from what I experienced. They also have a fairly young group of employees, which can make for a fun working environment.
Cons
Despite it's well-known brand name and other perks mentioned, Stride Rite is extremely political! Senior management will definitely correct you if you leave off the "Senior" in someone's VP title (how dare you!). Senior management also tends to treat anyone below them like a little person...very little respect for the worker-bees. They also don't pay very well compared to other companies, and for such a large company, they have very small marketing budgets making meeting goals nearly impossible.