• Discounts and special offers
  • Subscriber-only articles and interviews
  • Breaking news and trending topics

Already a subscriber?

By signing up, you accept Moneywise's Terms of Use, Subscription Agreement, and Privacy Policy.

Not interested ?

The Stanley craze

Earlier this month, a limited edition Starbucks x Stanley tumbler was released for sale at Starbucks locations in Target, coordinating with the launch of Starbucks’ winter drinks menu.

This is the third Starbucks x Stanley collaboration — and this specific tumbler is a pink 40oz Quencher style with a straw and handle. While some might argue these features aren’t exactly anything to get excited over, it seems like hundreds, if not thousands, of Stanley enthusiasts disagree.

Eager shoppers lined up in the early morning hours at Target locations across the country, waiting for the chance to get their hands on one of the coveted pink Starbucks Stanleys.

In a viral TikTok video about the Starbucks x Stanley tumbler release, TikTok user Vincent Marcus and his daughter (along with their new puppy) arrived at their local Target at 1:40 a.m. and literally camped out overnight in front of the store waiting for it to open.

According to his video, more people started to show up around 3:00 a.m. Images show people bringing chairs, blankets and even ordering food to keep warm, seeing as it was a chilly 40°F. By the time the store opened at 8:00 a.m., a massive line of people were eagerly waiting.

In the video, a Target employee, dubbed "boss lady," is seen out on the curb shortly before the store opened. According to Marcus, she was ensuring that the crowd didn’t “burn the place down.” He then goes on to say that things were pretty orderly and jokes that there were only a “few small fires.”

The same, however, cannot be said for other locations, where fights broke out and chaos ensued. Another video featured an impatient man jumping over the counter in an attempt to steal a box of the tumblers. Comments indicate he was quickly apprehended by a fellow customer.

Parking lot camper Marcus did manage to snag one of the limited edition pink tumblers for his daughter (in the video he indicates Target had a strict rule that there was only one tumbler purchase allowed per household).

Discover how a simple decision today could lead to an extra $1.3 million in retirement

Learn how you can set yourself up for a more prosperous future by exploring why so many people who work with financial advisors retire with more wealth.

Discover the full story and see how you could be on the path to an extra $1.3 million in retirement.

Read More

The resale value of a Starbucks x Stanley tumbler

However, it appears that many purchasers weren’t interested in keeping the tumblers for themselves, but rather reselling them for a much higher price.

The price of the Starbucks x Stanley limited edition tumbler at Target was $49.95, but a quick search on eBay shows a number of resellers charging hundreds of dollars. While some listings were as high as $550, the majority were around $250 to $300, which is about six times the original resale value.

And for those wondering: yes, people are still actively bidding on them. Starbucks has said it won’t be restocking the limited edition tumblers.

Sponsored

This 2 minute move could knock $500/year off your car insurance in 2024

OfficialCarInsurance.com lets you compare quotes from trusted brands, such as Progressive, Allstate and GEICO to make sure you're getting the best deal.

You can switch to a more affordable auto insurance option in 2 minutes by providing some information about yourself and your vehicle and choosing from their tailor-made results. Find offers as low as $29 a month.

Hannah Logan Freelance Contributor

Hannah Logan is an Ottawa-based writer and blogger who specializes in personal finance and travel.

Disclaimer

The content provided on Moneywise is information to help users become financially literate. It is neither tax nor legal advice, is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. We make no representation or warranty of any kind, either express or implied, with respect to the data provided, the timeliness thereof, the results to be obtained by the use thereof or any other matter. Advertisers are not responsible for the content of this site, including any editorials or reviews that may appear on this site. For complete and current information on any advertiser product, please visit their website.