Abstract: A convertible tote bag includes a bag body including an upper portion and a lower portion. A handle strap is fixedly anchored at a first anchor point to the lower portion of the bag body, and slidably anchored at a second anchor point to the upper portion of the bag body. The handle strap is slidable between a first position in which a first segment of the handle strap, between the first anchor point and the second anchor point, is cinched against a side of the bag body, and in which a second segment of the handle strap extends above the second anchor point away from the bag body, and a second position in which the first segment of the handle strap and the second segment of the handle strap are pulled below the second anchor point to form a loop off the side of the bag body.