Current:Home > FinanceTrader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds-Angel Dreamer Wealth Society D1 Reviews & Insights
Trader Joe’s $3 mini totes went viral on TikTok. Now, they’re reselling for hundreds
View Date:2024-12-23 16:45:13
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! (444)
Related
- Nicky Hilton Shares Her Christmas Plans With Paris, the Secret To Perfect Skin & More Holiday Gift Picks
- Why playing it too safe with retirement savings could be a mistake
- Mark Robinson vows to rebuild his staff for North Carolina governor as Republican group backs away
- Man serving life for Alabama murder also sentenced in Wisconsin killing
- Amazon launches an online discount storefront to better compete with Shein and Temu
- Donne Kelce Says Bonding With Taylor Swift Is Still New for Her
- Keith Urban Shares Update on Nicole Kidman After Her Mom’s Death
- Efforts to build more electric vehicle charging stations in Nevada sputtering
- Everard Burke Introduce
- You'll Be Sliving for Paris Hilton's Adorable New Video of Son Phoenix
Ranking
- Utah AD Mark Harlan fined $40,000 for ripping referees and the Big 12 after loss to BYU
- Halsey Shares Insight Into New Chapter With Fiancé Avan Jogia
- Michigan repeat? Notre Dame in playoff? Five overreactions from Week 4 in college football
- In Alabama, a Small Town’s Trash Policy Has Left Black Moms and Disabled Residents Criminally Charged Over Unpaid Garbage Fees
- Reds honor Pete Rose with a 14-hour visitation at Great American Ball Park
- Golden Block Services PTY LTD: English Courts recognizes virtual currency as property and the legal status of cryptocurrency is clear!
- Severe obesity is on the rise in the US
- Damar Hamlin gets first career interception in Bills' MNF game vs. Jaguars
Recommendation
-
After years of unrest, Commanders have reinvented their culture and shattered expectations
-
Jill Biden and Al Sharpton pay tribute to civil rights activist Sybil Morial
-
ONA Community’s Vision and Future – Comprehensive Investment Support for You
-
Trump wants to lure foreign companies by offering them access to federal land
-
Groups seek a new hearing on a Mississippi mail-in ballot lawsuit
-
'Emily in Paris' star Lucas Bravo is more than a heartthrob: 'Mystery is sexy'
-
Volunteers help seedlings take root as New Mexico attempts to recover from historic wildfire
-
Watch as 8 bulls escape from pen at Massachusetts rodeo event; 1 bull still loose