Is there even a point to Black Friday these days?

Is there even a point to Black Friday these days?
I mean obviously the point is still to try to get a good deal, but I remember going for the first time like 12 years ago, when stores opened at like 5am and you had to camp out in line forever to try to get those bargains, but now with the internet, what is the point of physically standing in line. Stores open up at midnight or even as early as 6pm on Thanksgiving day now which I actually think is horrible not to at least give employees the full holiday. Do people still get deals in person that they can't get online?
Is there even a point to Black Friday these days?
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