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).
Venmo will soon have accounts for teenagers ages 13-17 but they will have to follow a set of rules, with parents or guardians opening accounts on their behalf under their own accounts.
Rory Harvey, General Motors' incoming North American president, joined Cheddar News to discuss GM's foray into the rapidly-changing electric vehicle market along with what lies ahead. "It's a very dynamic time in the automotive industry," he said. "If you look to the transformation across the EVs, it's happening and it's happening at a pace."
Ford Motor laid out some financial expectations and specific growth objectives for its electric vehicle line at an investors' event on Monday. John Lawler, chief financial officer of Ford Motor Co., joined Cheddar News to explain what lies ahead for the automaker.
Teenagers will officially be allowed to open a Venmo account with their parent's permission, the company said Monday, expanding the popular social payments app to an age demographic that is likely to embrace it almost immediately.