StoreMe App Offers On-Demand Luggage Storage to Solve the 'Schlepping Problem'
*By Samantha Errico*
StoreMe wants to solve travelers' "schlepping problem," according to the company's CEO and founder.
"This service is convenient, on-demand, and it's totally affordable," Peter Korbel told Cheddar Wednesday.
The on-demand app allows travelers to search a location, input the number of bags they have, and make a reservation. That way, as travelers are passing through cities, they can enjoy the sights sans luggage.
Pricing varies by size of travel item: a small bag costs $2 for one hour and an additional $1 every subsequent hour. For a large bag, the first hour is $3 and every subsequent hour is an additional $2.
According to Korbel, all of the company's locations are near "major access points, like New York City's Penn Station. Beyond New York, the service is available in Boston, Philadelphia, San Francisco, and Washington, D.C.
As for the future, Korbel said he's eager to grow his business and eventually expand his service to include private homes as storage locations.
"As StoreMe grows, I think the business is very well-positioned to extend its services from businesses into retail homes. Imagine the writer, the blogger, the freelancer that's looking to offset some of their expenses being able to store luggage short-term," he said.
For full interview [click here](https://cheddar.com/videos/storeme-lets-you-store-your-travel-bags-by-the-hour).
Living in New York City, working full time and without a car, Jessica Ray and her husband have come to rely on deliveries of food and just about everything else for their home. It has meant more free time on weekends with their young son, rather than standing in line for toilet paper or dragging heavy bags of dog food back to their apartment.
Cheddar News checks in to see what to look out for on The Day Ahead as Campbell Soup and Vera Bradley are due to report earnings while economic data, including the April trade deficit and consumer credit, are slated to be released. And Wednesday is World Food Safety Day.
Financial services company Marqeta released its fourth annual state of payments report which reveals how widely Americans have adopted new technology like mobile banking and wallets. Marqeta CEO Simon Khalaf joined Cheddar News to discuss how common digital payments have become.
Katherine Rooney Vera, chief market strategist with StoneX, joined Cheddar News to discuss what investors should expect as the S&P closed near a nine-month high with volatility levels at their lowest level in over three years.
