Here's a drawstring bag I've just finished. It's large enough to be used as a shopping bag, has the convenience of shoulder straps and can be folded and put into a handbag when empty.
I have an old drawstring bag, that I use all the time, in addition to my handbag, to maybe carry a sweater, a bottle of water and some food. This latest bag is not for me, however. It's a VERY belated birthday present. Once I finished the bag, I ummed and erred over whether I'd gift it or keep it for myself.