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                                                                    EXHIBIT 23.1
 
                  ACCOUNTANTS' CONSENT AND REPORT ON SCHEDULES
 
Board of Directors and Stockholders
Ralphs Supermarkets, Inc.:
 
The audits referred to in our report dated April 8, 1994 (except as to note 16,
which is as of September 14, 1994), included the related financial statement
schedules as of January 30, 1994 and January 31, 1993, and for each of the
fiscal years in the three-year period ended January 30, 1994, included in the
registration statement. These financial statement schedules are the
responsibility of Ralphs management. Our responsibility is to express an opinion
on these financial statement schedules based on our audits. In our opinion, such
financial statement schedules, when considered in relation to the basic
consolidated financial statements taken as a whole, present fairly in all
material respects the information set forth therein.
 
We consent to the use of our reports included herein and to the reference to our
firm under the headings "Summary Historical Financial Data of Ralphs," "Selected
Historical Financial Data of Ralphs" and "Experts" in the prospectus.
 
                                          KPMG PEAT MARWICK LLP
 
Los Angeles, California
November 10, 1994