#Mathematica 89 bytes
r@i_:=StringReplace[i,#->" "]&/@(Complement[y,#]&/@Subsequences[y=Characters@i])//Column
r@"abcde"
#Mathematica 89 bytes
r@i_:=StringReplace[i,#->" "]&/@(Complement[y,#]&/@Subsequences[y=Characters@i])//Column
r@"abcde"