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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 

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RetailTrader Joe's

This year’s Stanley cup could be a $4 Trader Joe’s bag

By
Chris Morris
Chris Morris
Former Contributing Writer
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By
Chris Morris
Chris Morris
Former Contributing Writer
Down Arrow Button Icon
December 4, 2024, 10:54 AM ET
Collapsible totes from Trader Joe's are one of the holiday's hottest gifts.
Collapsible totes from Trader Joe's are one of the holiday's hottest gifts. Mario Tama—Getty Images

As if your local Trader Joe’s wasn’t already crowded enough, your next visit could be even more snug, as the grocery chain’s new collapsible tote bag has gone viral—and is selling out quickly.

The bags sell for just $3.99, making them more affordable that last year’s must-have accessory, the Stanley cup, which retails for nearly $50. Design-wise, they’re nearly as plain, with just two designs to choose from, both of which read “Greetings from Trader Joe’s” with a hodgepodge of images. One features a giant rutabaga, a biplane, and a grocery cart. The other is festooned with a sleeping moon, a giant strawberry, and a carrot.

What makes them so desirable, though, is the fact that they’re as practical as the Stanley cup, which could keep drinks cold all day. The bags stand up on their own, making it easier to transport groceries home, and collapse nearly flat when not being used. They’re also roomy and can hold a lot of groceries.

That got people talking on TikTok, Reddit, and Instagram.

@nwsahm New TJ’s bags!! Collapsible hard side grocery bags and Thanksgiving snacks. #traderjoes #traderjoessnacks2024 #traderjoesthanksgivingpopcorn #fyp ♬ original sound – Lori~Beth

“You’ve got places to go, people to see, and, more likely than not, stuff you’ve got to bring with you,” the company wrote on its website. “That’s one reason why we’ve put so much effort into creating fun and functional reusable bags over the years (and inadvertently created a few Mini Tote crazes along the way…).”

“Craze” isn’t an exaggeration. Because Trader Joe’s sells only a limited number of the tote bags, the secondary market can get a bit ridiculous, with prices historically reaching into the hundreds of dollars, sometimes higher. Even now, when the tote is still available in stores, there are listings for it on eBay starting at nearly $40.

That’s still a bit shy, though, of the insanity that surrounded Stanley cups at their peak. In January, people camped outside of Target stores for a new release of the 40-ounce tumbler.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
By Chris MorrisFormer Contributing Writer

Chris Morris is a former contributing writer at Fortune, covering everything from general business news to the video game and theme park industries.

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