Sears Holdings Corporation (NASDAQ: SHLD) will reveal how much it's slipping amid puddles of red ink when it reports quarterly results after the bell. Although analyst sentiment has improved somewhat, Sears will likely swing to a loss after posting an adjusted profit of $429 million in 2012's fourth quarter, interrupting three-straight quarterly losses. 

In a move that follows the lead of another Canadian retailer and trumps its earnings announcement, Canadian Tire (TSE: CTC.A) plans to spin off its stores into a real estate investment trust. The stock exploded as high as 18 per cent from Wednesday's close, but has calmed down since the market open. 

Alimentation Couche-Tard Inc. (TSE:ATD.B), the biggest independent convenience store operator in North America, said its quarterly profit gained 56 percent, but results still fell short of analyst expectations. 

Sawyer, whose new position is effective in April, is taking the job at Rona after spending 33 years at grocery chain Metro, most recently as COO. 

Daily deals site Groupon (NASDAQ:GRPN) Friday saw its shares bounce back from steep losses in the previous session, as it announced that it is replacing CEO Andrew Mason.