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I have been working at Pacific Sunwear full-time (More than 5 years)
They pay relatively more than most retail jobs and offer a nice discount. There is not much more positive I can say about the company, though.
They expect way too much out of management for the pay. The store I walked in on had no store manager and zero guidance. I went through 3 district managers in 4 months. They don't hire district managers from within, it is always through different companies.
Advice to Management
Treat your employees like your competitors do (Zumiez, Journeys, Tilly's). Make this company like it used to be, and don't put so much work on people that you barely pay.