Vantaggi
If you don't have a great level of formal education, it offers a great opportunity to really go places. However, the flip side of this is that there is also a corresponding greater level of risk than in most jobs. The pay is decent, benefits are not bad either. Corporate does pretty well, one of the better corporate campus environments in the United States. I had the unique experience of working not only on the retail side in the home district but also grand opening the flagship store while in a leadership role and working extensively with corporate and retail leadership on various projects.
Svantaggi
However, as has been written in other reviews, the retail side is pretty broken in culture. Promotions and hiring are handled in a very self-destructive manner as is most other parts of the retail HR operations. Nepotism and cronyism is the order of the day. Basically, if you are a male, you had better be long term drinking buddies with your management and if you are a female, it is expected that you are to be sleeping buddies with someone on your management team. I would strongly encourage the vast majority of people with 4 year degrees to avoid the retail side unless you are going into a store manager or assistant store manager role. Stick with corporate. I realized this and moved on shortly after completing my degree as corporate was being restructured for the nth time.