*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).
A group of musical publishers representing major artists is suing Twitter for copyright infringement for $250 million.
TikTok said it's investing billions of dollars into the southeast Asia market, one of the company's biggest, over the next few years.
Cava CEO Brett Schulman Talks IPO Debut
Ed Siddell, CEO and chief investment officer with EGSI Financial, joined Cheddar News to discuss Thursday's positive trading session in what Siddell called "a year of momentum" as investors continue to digest a heavy amount of news that includes monetary policy, inflation concerns, banking fears and some positive economic data.
Rivian is expanding into New York City and launching its first showroom there. Cheddar News took a look at the showroom in NYC that the company is calling "spaces," which is intended to be experiential retail locations to woo new customers.
Rebecca Walser, certified financial planner and wealth strategist, offers tips on how to avoid money mistakes, develop healthy spending habits, and pay off debts.
The U.S. Department of Agriculture said Wednesday it hopes to weed out false or misleading animal-welfare claims on meat and poultry packaging with new guidance and testing.
Stocks swept higher Thursday, revving the longest rally for Wall Street in a year and a half into a higher gear.
If you're looking for food that's good for you and the planet, look no further than the new Isle of Us café and marketplace in the Upper East Side. Cheddar's own Shannon LaNier is on the scene with more.
The price of one kitchen staple is dropping at a historic rate. In May, egg prices had their largest monthly decline in 72 years. Ricky Richardson, CEO of South Carolina-based Eggs Up Grill, joined Cheddar News to discuss the state of play in the egg industry as prices fall while food costs overall are on the rise again. Egg prices are "returning to more normal levels now, we're running down about 40% on a year-over-year basis," he said.
Load More