But in a change from last year, shoppers are expected to spend more on the high street than online.
Brits are set to splash £1.41billion on the high street this Black Friday – significantly more than the £1billion we're predicted to spend online, according to a study by the Centre for Retail Research and VoucherCodes.co.uk.
That works out at £2.95million per minute on everything from cut-price TVs and electricals to clothing and make-up.
It's down from £2.6billion last year, £1.4billion of which was online sales.
That means we could see a return of shoppers queuing outside shops before they open to grab the best deals after last year saw just a few or no customers waiting to get inside.
Our tips for finding the best deals this Black Friday and Cyber Monday
PREPARE Research the items you want to buy and find out the cheapest price. Websites like PriceSpy, PriceHistory and CamelCamelCamel will give you historical data on prices so you can see how much you should pay.
GET FOLLOWING Follow your favourite shops on Twitter, Facebook and Instagram and sign up to its deals newsletter to get the latest on any offers. We post the best deals in our Sun Money FB group too.
EARN CASHBACK Check websites like Quidco and TopCashback BEFORE you place your order. Cashback websites PAY you to shop. All you have to do is click through their links and the money is added to your online account, usually within 14 days.
It's thought the average Black Friday shopper will spend £204, according to research by Barclaycard.
The study also found that the most popular items to buy on the big shopping day are electronics, followed by clothing or jewellery and health and beauty items.
Black Friday has soared in popularity over the last five years.
In 2013, figures reveal shoppers spent £343million – a fraction of the £2billion they're expected to spend this year.
Black Friday is a shopping phenomenon brought over from the US.
On the day, shops' prices plummet for 24 hours in an attempt to get people splashing the cash in the run-up to Christmas.
Recent years have seen retailers stay open longer or start earlier with special deals to entice customers.
Each year, big retailers like Amazon, Argos and Morrisons use Black Friday to give massive price reductions to shoppers just before Christmas kicks in.
Some retailers such as Amazon extend the sale over weeks. Amazon's will run for 10 days in total.
Find our other 'Best Black Friday deals' pages below
- Fashion and footwear
- Food and alcohol
- Home and garden
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