Current:Home > FinanceTrader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds -Lighthouse Finance Hub
Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
View
Date:2025-04-18 20:56:28
NEW YORK (AP) — Trader Joe’s mini canvas tote is the latest item to cause a stir on social media, so much so that resellers are taking advantage of the hype.
The mini totes are offered in four colors — blue, red, green, and yellow — and they are all in high demand. The bags, retailing for $2.99, are now advertised on platforms like eBay and Facebook Marketplace for many times their original price.
Offers from third-party sellers range significantly, but as of Wednesday, listings ranged from about $20 for a single bag to as high as $999 for a set of four.
Videos shared on social media show crowds of customers visiting Trader Joe’s stores hoping to get their hands on one of the highly-coveted mini totes. Beyond the checkout line, TikTokers have gained tens of thousands of views for sharing and customizing their bags with detail paint, buttons, and embroidery designs.
“Our Mini Canvas Tote Bags certainly sold more quickly than we anticipated,” said Nakia Rohde, a spokesperson for Trader Joe’s. “Before we had the opportunity to promote them in any way, customers across the country found them at their neighborhood Trader Joe’s.”
While Trader Joe’s is no stranger to having its products go viral, the Monrovia, California-based grocery chain also said it does not condone the reselling its products — with Rohde stressing that “our customers, in our stores, are our focus.”
Exclusivity and limited supply are always key factors impacting both prices and consumer behavior. Beyond the added influence of the internet, that’s previously been displayed in demand for products ranging from the scarcity of Huy Fong Foods’ Sriracha to empty toilet paper shelves seen at the start of the COVID-19 pandemic.
Of course, Trader Joe’s mini totes aren’t the first to become a viral sensation. Stanley cups, for example, similarly skyrocketed to online fame this year, with demand for the tumblers causing chaos at retailers nationwide. Limited-edition Stanley cups have also been priced up by third-party sellers.
The mini totes have sold out in stores across the country, but shoppers can expect to see them return. “We do have more Trader Joe’s Mini Canvas Tote Bags coming,” said Rohde. “Customers can expect to see them in our stores in late summer.”
______________
AP Business Reporter Wyatte Grantham-Philips contributed to this report from New York.
veryGood! (6)
Related
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Chita Rivera, revered and pioneering Tony-winning dancer and singer, dies at 91
- Investigator describes Michigan school shooter’s mom as cold after her son killed four students
- 'Mr. & Mrs. Smith’: Release date, cast, how to watch new spy romance inspired by 2005 hit
- Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
- Elon Musk can't keep $55 billion Tesla pay package, Delaware judge rules
- Oklahoma teachers mistakenly got up to $50,000 in bonuses. Now they have to return the money.
- Fed holds interest rates steady, hints March rate cut is unlikely despite easing inflation
- What do we know about the mysterious drones reported flying over New Jersey?
- Secret history: Even before the revolution, America was a nation of conspiracy theorists
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Exclusive: Kris Jenner on her first Super Bowl commercial and future of 'Kardashians' show
- Taylor Swift, Bad Bunny and others may vanish from TikTok as licensing dispute boils over
- Ex-US Open champ Scott Simpson details why he's anti-LIV, how Greg Norman became 'a jerk'
- Charges: D'Vontaye Mitchell died after being held down for about 9 minutes
- Zayn Malik Talks 2024 Goals, Setting the Bar High, and Finding Balance
- Environmentalists See Nevada Supreme Court Ruling Bringing State’s Water Management ‘Into the 21st Century’
- Boeing declines to give a financial outlook as it focuses on quality and safety
Recommendation
Your Wedding Guests Will Thank You if You Get Married at These All-Inclusive Resorts
Stock market today: Asia markets mixed ahead of Fed decision; China economic data disappoint
Whether You're Rooting for the Chiefs or the 49ers, These Red Lipsticks Are Kiss-Proof
The Federal Reserve holds interest rates steady but signals rate cuts may be coming
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Here's how much water you need to drink each day, converted for Stanley cup devotees
'Redemption': Wedding photographer's free portraits for addicts put face on recovery
Adele announces 'fabulous' summer shows in Munich, first Europe concert since 2016