El Buen Fin | |
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Observed by | Mexico |
Celebrations | Shopping |
Date | Weekend prior to the Mexican Revolution holiday. |
Related to | Black Friday, Day of the Revolution, and Christmas |
El Buen Fin (short for "El Buen Fin de Semana," meaning "The Good Weekend") is an annual nationwide shopping event in Mexico. It began in 2011. It occurs the weekend before Mexican Revolution Day, which is observed on the third Monday of November. On this weekend, major retailers extend their store hours[1] and offer special promotions, including extended credit terms and price promotions.
The purpose of El Buen Fin is to stimulate the economy by encouraging consumption[2] and to improve quality of life through promotions and discounts. It was inspired by the American tradition of Black Friday and emerged as an initiative of Council of Business Coordination,[3] in association with the federal government and private sector organizations.