I don't know what this line of Queen Bee bag was called, so I'm going with "record." As owner Lauree says "they don't make 'em like this anymore."
UPDATE: Mystery solved! Heidi from QB headquarters in comments fills us in.
The 7" Truckette, all of these were made with a small zipper inside the flap so that you could change your record on a whim. Let's face it, not every day is a Lionel Ritchie day. ( Am I right, or am I right??)