SAVE MONEY ON TRAVEL DEALS

Sears Holdings Corp. this week posted its biggest quarterly loss since it merged with Kmart in 2005 and warned that it didn't expect retail sales to rebound anytime soon, prompting a big shareholder to urge Sears Chairman Edward Lampert to sell off pieces of the company, the Chicago Tribune reported.

"There is no one in the world who can fix Sears or Kmart", Love Goel, chairman and CEO of private equity firm Growth Ventures Group told the newspaper. "So let's get real. The best option is to look at the assets they've got and how to maximize the value of those assets."

Sears Holdings posted a net loss of $56 million, or 43 cents a share, for the quarter ended May 3, which was far below the net income of $223 million, or $1.45 a share, for last year's second quarter, the Tribune said. Lampert raised the possibility of an asset sell-off this year when he staged a corporate reorganization, establishing new divisions for business units including operations and brands.

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