Pros
Target is a great place to work with a great company culture. Target is dedicated to developing their employees and has dedicated leaders in place to support their teams. I have worked both in Target stores and in HQ's environments in which both experiences have been enjoyable and challenging.
Cons
No real antonymy to do anything innovative unless you work at Target HQ's. If you work in the field or the stores you pretty much perform the best practices handed down from corporate/Regional managers with no real ability to add your own stamp to anything. Favoritism is huge at Target just like with any large corporation. If you have the ability and know how to play the politically game you can have a great career at Target but if that is not your style you might want to look elsewhere.