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Black Friday deals 2016: Target announces plans for holiday season; Details on deals for Apple and Sony products revealed

A shopper looks at a sales flier during Black Friday Shopping at a Target store in Chicago, Illinois, United States, in this Nov. 27, 2015, file photo. | REUTERS/JIM YOUNG

Black Friday is just around the corner and as the annual week-long event nears, more deals are being offered by various companies. In an effort to bring in more customers, Target recently unveiled their plans for the upcoming holiday season.

During the holidays, Target is one of the most popular retailers people usually come to. According to reports, the company will give consumers many great deals this year, along with the introduction of new products and special savings promotions. For this year's Black Friday, the company will introduce the Wondershop, an exclusive one stop store that offers 2,000 tree-trimming products. The toy section will also introduce 50 new board games, the newest Disney Princesses Elena and Moana, 1,800 toys from "Star Wars" and "Trolls," as well as an expansion with the Our Generation Doll Collection.

 Additionally, Target plans to bring back last year's most popular promotions, including the 10 Days of Deals that features a special offer each day for 10 days, 50 percent off one toy per day on Cartwheel starting Nov. 1 to Dec. 24, and a 10 percent off on every purchase with Target Giftcards.

On another note, tech companies are also gearing up to give consumers the best deals this holiday season. Apple's  iPhone 7 and 7 Plus are both expected to be offered with up to $100 discounts, similar to Walmart's $100 discount last year for the iPhone 6s and 6s Plus devices. The original Apple Watch is speculated to be available for as low as $150 while the Apple Watch Series 1 and 2 are expected to have a $50 discount.

Tech-savvy individuals interested in getting PlayStation units will also get great deals as Sony reportedly plans to announce a digital games sale in the weeks before Black Friday. Although there may be surprise discounts, VG247 notes that there won't be any huge reductions for the said items this year.

This year's Black Friday lands on Friday, Nov. 25.