Current:Home > MyTrader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds -MarketEdge
Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
View
Date:2025-04-17 03:07:43
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! (65998)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- House Republicans' CHOICE Act would roll back some Obamacare protections
- El Niño will likely continue into early 2024, driving even more hot weather
- Zayn Malik Makes Rare Comment About His and Gigi Hadid's Daughter Khai in First Interview in 6 Years
- Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
- Why can't Canada just put the fires out? Here are 5 answers to key questions
- Corn Nourishes the Hopi Identity, but Climate-Driven Drought Is Stressing the Tribe’s Foods and Traditions
- Kate Hudson Proves Son Bing Is Following in Her and Matt Bellamy’s Musical Footsteps
- A South Texas lawmaker’s 15
- Young men making quartz countertops are facing lung damage. One state is taking action
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- South Korea's death toll from rainstorms grows as workers search for survivors
- Iconic Olmsted Parks Threatened Around the Country by All Manifestations of Climate Change
- At the UN Water Conference, Running to Keep Up with an Ambitious 2030 Goal for Universal Water Rights
- A South Texas lawmaker’s 15
- A lesson in Barbie labor economics
- Score This Sweat-Wicking Sports Bra With 25,700+ 5-Star Reviews For $17 on Amazon Prime Day 2023
- Pennsylvania Advocates Issue Intent to Sue Shell’s New Petrochemical Plant Outside Pittsburgh for Emissions Violations
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Oil Companies Had a Problem With ExxonMobil’s Industry-Wide Carbon Capture Proposal: Exxon’s Bad Reputation
TikTok’s Favorite Hair Wax Stick With 16,100+ 5-Star Reviews Is $8 for Amazon Prime Day 2023
A New Shell Plant in Pennsylvania Will ‘Just Run and Run’ Producing the Raw Materials for Single-Use Plastics
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Make Your Life Easier With 25 Problem-Solving Products on Sale For Less Than $21 on Prime Day 2023
Carbon Removal Is Coming to Fossil Fuel Country. Can It Bring Jobs and Climate Action?
Raven-Symoné Reveals How She Really Feels About the Ozempic Craze