Money Sears liquidation threat looms: Retailer’s fate hangs in balance at bankruptcy hearing January 8, 2019January 8, 2019Nathan Bomey, USA TODAYComments Off on Sears liquidation threat looms: Retailer’s fate hangs in balance at bankruptcy hearing Sears and Kmart could soon join the graveyard of deceased American retailers if they can't reach a last-minute deal to save themselves in bankruptcy.