Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? That’s what a group of these do-it-yourselfers aim to do, according to a report Saturday (July 22) by the Wall Street Journal (WSJ). According to the report, these businesses are putting together vehicle fleets...
Less than 24 hours after the announcement that two co-founders had left the company, connected-fitness pioneer Peloton unveiled a new nationwide rental program Tuesday (Sept. 13) to substantially reduce the cost to new users. The company stated in the announcement that it had tested the...
Clothing retailer H&M’s Mitte Garten location and circular fashion platform Iablaco on Tuesday (Oct. 19) debuted a rental service that capitalizes on the emerging connected and digitized circular fashion industry. Customers can book and pay for garments with a single click on the new platform,...
Consumer electronics rental service Grover is expanding across the Atlantic to the U.S., aiming to give more Americans access to the latest technology without the pressure or commitment of a high price tag. Andrew Draft, vice president and U.S. general manager of Grover, told PYMNTS...
January 16, 2020
Access to affordable housing is hard to find in the U.S. According to research from Harvard University, in 2016, nearly half of renters were cost-burdened — or spending more than 30 percent of their annual incomes on rent and utilities. In 1960, that figure was at 20 percent. According to National Low Income Housing Coalition […]
July 23, 2023
Can small-scale rental car entrepreneurs take on giants like Hertz and Avis Budget? That’s what a group of these do-it-yourselfers aim to do, according to a report Saturday (July 22) by the Wall Street Journal (WSJ). According to the report, these businesses are putting together vehicle fleets to rent out via car-sharing companies like Turo and Getaround. However, their efforts […]
September 13, 2022
Less than 24 hours after the announcement that two co-founders had left the company, connected-fitness pioneer Peloton unveiled a new nationwide rental program Tuesday (Sept. 13) to substantially reduce the...
October 19, 2021
Clothing retailer H&M’s Mitte Garten location and circular fashion platform Iablaco on Tuesday (Oct. 19) debuted a rental service that capitalizes on the emerging connected and digitized circular fashion industry....
July 19, 2021
Penske Truck Rental, with a new mobile app, intends to streamline the experience for renters with “flexibility, expert advice, moving tips, greener moving options and a network of supplies and...
