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We've all been there, but [deep breath] do you really need it, will it seem like such a bargain once you get it home, and will you really drop a dress size so it fits you?
Planning your attack means you can nab the best of the bargains, and get pieces which work with the wardrobe you already have.And make the most of it by picking up discounted pieces that are either timeless classics - like a crisp white shirt, great jeans or a new mac - or are still going to be on-trend next season.
We've scoured the shops, consulted the experts, and have the low down on what you should be looking for in this year's sales...
Coat £110 from Oasis
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