Current:Home > FinanceTrader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds -Infinite Edge Capital
Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
View
Date:2025-04-19 21:37:55
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! (166)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Japan’s Princess Kako arrives in Peru to mark 150 years of diplomatic relations
- Texas man convicted of manslaughter in driveway slaying that killed Moroccan immigrant
- After raid on fundraiser’s home, NYC mayor says he has no knowledge of ‘foreign money’ in campaign
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Elwood Jones closer to freedom as Ohio makes last-ditch effort to revive murder case
- New tools help artists fight AI by directly disrupting the systems
- Biden is bound for Maine to mourn with a community reeling from a shooting that left 18 people dead
- What to watch: O Jolie night
- In Elijah McClain trial, closing arguments begin for Colorado officer charged in death
Ranking
- Could your smelly farts help science?
- Neighborhood kids find invasive giant lizard lurking under woman's porch in Georgia
- Amazon founder billionaire Jeff Bezos announced he's leaving Seattle, moving to Miami
- Trumps in court, celebrities in costume, and SO many birds: It's the weekly news quiz
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Aldi releases 2023 Advent calendars featuring wine, beer, cheese: See the full list
- Live updates | Israeli troops tighten encirclement of Gaza City as top US diplomat arrives in Israel
- At least 9 wounded in Russian attacks across Ukraine. European Commission head visits Kyiv
Recommendation
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Officials identify two workers — one killed, one still missing — after Kentucky coal plant collapse
Head of China’s state-backed Catholic church to visit Hong Kong amid strained Sino-Vatican relations
Where Below Deck Sailing Yacht's Daisy Stands With Colin and Gary After Love Triangle
What do we know about the mysterious drones reported flying over New Jersey?
Mariah Carey sued again on accusations that she stole 'All I Want for Christmas Is You'
Officer who shot Breonna Taylor says fellow officer fired ‘haphazardly’ into apartment during raid
Tyreek Hill downplays revenge game against Chiefs, but provides bulletin board material