Convertible article carrier

A convertible article carrier which is initially of the wrap-around type and formed from a generally rectangular blank and includes top, bottom and side walls which are interconnected to form a tubular structure for packaging a group of articles arranged in at least one row when the blank is wrapped thereabout and its ends are secured together, the improvement comprising a pair of spaced apart generally parallel transverse frangible means formed in said top wall and extending downwardly into both of said side walls defining transverse end panels at each end of the tubular structure and defining a carrying handle therebetween, and a web panel foldably joined to each end edge of each of said end panels along a fold line which is normal to the associated end panel and foldably joined to the associated side wall along a diagonal fold line, each of said web panels being foldable inwardly following rupture of said frangible means into face contacting engagement with the associated side wall simultaneously with swinging movement of said end wall panels into positions astride the ends of the tubular structure converting the previously formed wrap-around type carrier into a basket style carrier.