Yes, I have been once. Completely hit or miss. But great prices, even better than those on the website. Probably an accumulation of junk that did not sell on the website. Not sure how long the store will be around since the rent in SOHO is high and I doubt they can sell enough product to meet operating expenses.
If you mean the place in/near SoHo, I was there the day after Thanksgiving. They were handing out 15% off coupons as you walked in the door. Hit or miss is right, but they had some great shoes and jackets at amazing prices, but not in my size.