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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 for the two years 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 5, 1997