Though Black Friday itself is sure to see retailers giving consumers drastically reduced prices on several hot items, two of the largest retailers plan to roll out sales earlier than ever this year, promising discounts at special savings events beginning Nov. 1.

Wal-Mart Teases Plans For Huge Black Friday Discounts

Best Buy has announced that they plan to have a special savings event at select stores Saturday, Nov. 8 from 1:00-4:00 p.m., allowing shoppers to save money and preview the holiday collections from some of the top brands they sell in store, with experts on hand to help demonstrate products and fine the perfect gifts for consumers.

Offers the company will have for the special event will include a free $50 Best Buy gift card when purchasing iPad Air or iPad Air 2, a free $100 Best Buy gift card when purchasing a MacBook Air, a $100 savings when purchasing the Microsoft Surface Pro 3 128 GB tablet with keyboard and Microsoft Office, three times the Best Buy points with the purchase of any Samsung Ultra HD Curved HDTV, a $200 savings with the purchase of both a Sony 55" LED TV and PS4 gaming console, and a free Xbox Live 12-month gold membership when purchasing an Xbox One console.

Four Biggest Sales To Expect At Wal-Mart, Target & Best Buy On Black Friday

And though Best Buy is offering these deals for one day only, Wal-Mart will be starting their savings event Nov. 1-and will continue to offer discounts and rollbacks on over 20,000 items in stores throughout the holiday season.

According to a press release, the company plans to offer 20,000 rollbacks on items including groceries and popular brands such as Disney's Frozen, Teenage Mutant Ninja Turtles, Samsung and Dell, and will bring back their popular 24-hour holiday cyber savings event on Nov. 3.

"Helping families deliver an amazing Christmas doesn't start on Black Friday, it starts now," Duncan Mac Naughton, CMO of Wal-Mart said in the release. "As soon as they put away their Halloween costumes, our customers start prepping for Thanksgiving, buying Christmas trees and shopping for gifts. They want the best deals now and we're here for them today, next week and throughout the season. Our strategy is simple: lead with low prices, offer the best brands, make shopping easier than ever and bring the holiday joy that only Walmart can deliver."

The deals shoppers can expect will include:

1. Beginning Nov. 1, Xbox One for $349 (down from $399); a Samsung 46" HDTV for $528 (down from $578); and a Dell Inspiron Touch for $479 (down from $549).

2. Also beginning Nov. 1, the company is rolling out significant toy discounts as well, including: Teenage Mutant Ninja Turtles 11" Action Figure for $15.88 (down from $19.97); Teenage Mutant Ninja Turtles High Flyin' Blimp for $24.76 (down from $29.97); Frozen Light-Up Dress for $28.88 (down from $34.97); Hasbro Nerf Rebelle Secrets and Spies Agent Bow Blaster for $19.88 ( down from $29.96); Schwinn bicycles for $69.00 (down from $78.87); and LEGO Lego Movie Spaceship for $80 (down from $99.97)

3. There will also be online deals starting Nov. 1 including an RCA 9-inch tablet with 8GB memory for $69.00 and a Sceptre 50-inch LED HDTV for $349.00

4. Starting just after midnight Pacific Time on Nov. 2, the company will also begin their 24-hour holiday cyber savings event with 15 Black Friday and Cyber Monday like deals eligible for same-day pickup in stores-including an Element 40" LED HDTV for $199.00, NutriNinja Pro blender for $65.00, and Crayola Paint Maker for $12.00

Neither Best Buy or Wal-Mart has released their official plans for Black Friday itself.

Tags: Black Friday 2014