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                                                                    EXHIBIT 23.2
 
                     CONSENT OF INDEPENDENT PUBLIC AUDITORS
 
The Board of Directors
Ralphs Grocery Company:
 
     The audits referred to in our report dated March 9, 1995, included the
related financial statement schedule as of January 29, 1995, and for each of the
years in the three-year period ended January 29, 1995, included in the
registration statement. This financial statement schedule is the responsibility
of the Company's management. Our responsibility is to express an opinion on this
financial statement schedule based on our audits. In our opinion, such financial
statement schedule, when considered in relation to the consolidated financial
statements taken as a whole, presents 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 "Selected Historical Financial Data of Ralphs,"
"Summary of Historical Financial Data of Ralphs" and "Experts" in the
prospectus.
 
                                          KPMG PEAT MARWICK LLP
 
Los Angeles, California
June 26, 1996