Money Sears liquidation threat looms: Retailer gets extra day to negotiate lifesaving deal January 8, 2019Nathan Bomey and Zlati Meyer, USA TODAYComments Off on Sears liquidation threat looms: Retailer gets extra day to negotiate lifesaving deal 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.