We're warning you now: Loehmann's is not a place to go if you've got 20 minutes to kill. Or if you plan on "just looking." But, girlfriend, if you've got a few hours (minimum) to spare and cash to burn, well, you're in for a shopping experience bordering on orgasmic. We're talking prices slashed up to 65 percent on Valentino, Donna Karan, Calvin Klein, Fendi, Betsey Johnson, and other designers. Need a sporty outfit for next week's brunch? You'll find it here. A slick suit for a job interview? Ditto. Jaw-dropping cocktail dress? Oh yeah. Our favorite part of the store is the Back Room, where the fanciest frocks are stored. By the way, you'll also find some men's clothes, as well as designer purses, jewelry, lingerie, perfumes, and shoes. By the way, according to the store's style aficionados, this season it's all about pink, be it a T-shirt or pair of earrings. Happy shopping.