A lunch tote for storing food is disclosed which includes an outer cover having a perimeter and first and second ends. A sidewall extends upward from the perimeter and has a distal edge. A liner having an outer perimeter is attached to the outer cover to form a pocket having an opening formed therein. A cooling mechanism is positioned in the pocket and is enclosed in a moisture-absorbing/insulating cover. A first insulating layer is positioned between the outer cover and the liner. An intermediate layer is positioned above the first insulating layer. A closure mechanism is secured to a portion of the distal edge. The closure mechanism is movable from a closed position, wherein the lunch tote is a closed container, to an open position, wherein the entire lunch tote is convertible into a serving tray. The lunch tote further includes a pair of handles.