Retail

Rest assured: Waterbed revival promises comfort, not sex

Waterbeds still elicit a wink, wink, nudge, nudge whenever they come up in conversation — but two pioneers of the industry in the United States are hoping to generate a new wave of popularity for the old furniture concept by using a wholesome new pitch.

Sears CEO: Retailer needs to sell more real estate

The hedge fund owned by Sears Holdings Corp. CEO Eddie Lampert is urging the retailer's board to sell more of its real estate and restructure its debt, as it seeks to avoid bankruptcy.