Lowe’s home improvement store acquires Stainmaster brand

Adelicia Caree

Lowe’s home improvement store acquires Stainmaster brand to add to its private label mix.

Lowe’s Companies Inc.

Lowe’s said Thursday it will be expanding its private label brands, another move it hopes will help in the competitive home improvement market.

The Mooresville-based company acquired the carpet brand, Stainmaster. Terms of the sale were undisclosed.

“Today’s announcement adds the most trusted and recognized brand in carpet to our lineup of private brands,” Lowe’s CEO Marvin Ellison said in a statement.

Lowe’s was the only home improvement store to carry the brand exclusively for over a decade.

Bill Boltz, executive vice president

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How tiny ‘beach huts’ became the hottest commodity in British real estate

Adelicia Caree

The cost of renting a tiny “beach hut” is now more expensive than the average monthly rate for property in Kensington and Chelsea, one of the U.K.’s most exclusive neighborhoods.

The price of purchasing one has jumped because COVID-19 restrictions mean more Brits are holidaying in the U.K., due to uncertainties around traveling abroad, according to new research by hotel booking website Hoo.

Read: I’d like to buy a home in a warm spot near the beach for $350,000 — where should I retire?

There has been increased demand at coastal resorts such as Sandbanks in Dorset, Whitstable, Kent and

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There Are Many Ways to Pay for a Home Remodel. Which Method is Best?

Adelicia Caree

That home-remodeling project may give you all the extra space you need. But how will you pay for it?

A survey conducted in February by San Diego-based LightStream, a national online consumer lender, found that 73% of high-income homeowners, defined as those with household incomes of more than $100,000, plan to use savings to pay for home-improvement projects, while 32% will use credit cards. The balance will secure a home-improvement loan. Many people tap more than one method to pay. But the best way to pay?

“If you have the cash, you should consider paying cash,” said Michael Silver, a

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CEO of Friedman’s Home Improvement in Sonoma County reveals adventure of leading family business

Adelicia Caree

This June, Barry Friedman will mark eight years serving as CEO of Friedman’s Home Improvement, a family business that has grown from its flagship store in Santa Rosa to stores in Petaluma, Sonoma and Ukiah, as well as a distribution yard in Windsor.

The third-generation family operation this month is celebrating 75 years in business and is marking the milestone with a book about its history, called “The Friedman’s Way,” that will be given for free to team members and customers.

Friedman, 42, co-owns the home-improvement retail outfit with his father, Bill Friedman, who serves as chairman.

Company revenue in

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Where to Invest in Real Estate Right Now, and Where Not to, Say 2 CIOs

Adelicia Caree

Data centers and infrastructure are promising. Offices aren’t, but the situation there may not be as dire as many fear. Maybe urban centers won’t go down the chute, after all. Some retail will be OK. Forget about farmland.

These are among the insightful observations from CIO’s latest episode in our “2021 Asset Allocator Series.” With institutional investors looking for opportunities not correlated to equities, yet offering better returns than fixed income amid low interest rates, the session, which focused on real estate and real assets, was a bonanza of useful information.

The webinar, held Tuesday, featured two asset allocators

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How ‘upcycling’ household items can take your home decor to new levels

Adelicia Caree

You know those “upgrade” memes that are regularly popping up on Twitter?

Well, unless you have a house filled entirely with new items, odds are, there are countless opportunities to “upgrade” your unused things and give them life again.

While many understandably focus on recycling during Earth Day, “upcycling” can be just as valuable of a preservation tool. Upcycling is finding a new and improved use for an older product that is lying around the house, which can save money and space in the trash can.

Here are five suggestions of items to upcycle, according to the Green Valley

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