Current:Home > reviewsSurpassing:Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds -BeyondProfit Compass
Surpassing:Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
Benjamin Ashford View
Date:2025-04-08 23:57:34
NEW YORK (AP) — Trader Joe’s mini canvas tote is Surpassingthe 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! (1517)
Related
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Scrutiny of Italian influencer’s charity-cake deal leads to proposed law with stiff fines
- First IVF rhino pregnancy could save northern white rhinos from the brink of extinction.
- Business Insider to lay off around 8% of employees in latest media job cuts
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- UN: Global trade is being disrupted by Red Sea attacks, war in Ukraine and low water in Panama Canal
- FTC launches inquiry into artificial intelligence deals such as Microsoft’s OpenAI partnership
- Former federal agent sentenced to over 8 years for his role in illegal painkiller trafficking
- New data highlights 'achievement gap' for students in the US
- Sexually explicit Taylor Swift AI images circulate online, prompt backlash
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Trump accuses DA Fani Willis of inappropriately injecting race into Georgia election case
- Colorado self-reported a number of minor NCAA violations in football under Deion Sanders
- Gaza’s Health Ministry blames Israeli troops for deadly shooting as crowd waited for aid
- This was the average Social Security benefit in 2004, and here's what it is now
- Why Bachelor Nation's Susie Evans and Justin Glaze Decided to Finally Move Out of the Friend Zone
- Jacqueline Novak's 'Get On Your Knees' will blow you away
- Steeple of historic Connecticut church collapses, no injuries reported
Recommendation
Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
West Virginia GOP majority pushes contentious bills arming teachers, restricting bathrooms, books
Mississippi legislators approve incentives for 2 Amazon Web Services data processing centers
Where do things stand with the sexual assault case involving 2018 Canada world junior players?
Buckingham Palace staff under investigation for 'bar brawl'
AP Week in Pictures: Latin America and Caribbean
'Feud: Capote vs. The Swans': Who plays Truman Capote and his 'Swans' in new FX series?
Vermont State Police investigate the shooting of a woman found dead in a vehicle in St. Johnsbury