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                                                                    EXHIBIT 99.2
 
                         NOTICE OF GUARANTEED DELIVERY
                                WITH RESPECT TO
                     11% SENIOR SUBORDINATED NOTES DUE 2005
 
THIS FORM, OR ONE SUBSTANTIALLY EQUIVALENT HERETO, MUST BE USED BY ANY HOLDER OF
11% SENIOR SUBORDINATED NOTES DUE 2005 (THE "PRIVATE NOTES") OF RALPHS GROCERY
COMPANY, A DELAWARE CORPORATION (THE "COMPANY"), WHO WISHES TO TENDER PRIVATE
NOTES PURSUANT TO THE COMPANY'S EXCHANGE OFFER, AS DEFINED IN THE PROSPECTUS
DATED               , 1997 (THE "PROSPECTUS") AND (I) WHOSE PRIVATE NOTES ARE
NOT IMMEDIATELY AVAILABLE OR (II) WHO CANNOT DELIVER SUCH PRIVATE NOTES OR ANY
OTHER DOCUMENTS REQUIRED BY THE LETTER OF TRANSMITTAL ON OR BEFORE THE
EXPIRATION DATE (AS DEFINED IN THE PROSPECTUS) OR (III) WHO CANNOT COMPLY WITH
THE BOOK-ENTRY TRANSFER PROCEDURE ON A TIMELY BASIS. SUCH FORM MAY BE DELIVERED
BY FACSIMILE TRANSMISSION, MAIL OR HAND DELIVERY TO THE EXCHANGE AGENT. SEE "THE
EXCHANGE OFFER -- GUARANTEED DELIVERY PROCEDURES" IN THE PROSPECTUS.
 
                             RALPHS GROCERY COMPANY
                         NOTICE OF GUARANTEED DELIVERY
 
        TO: UNITED STATES TRUST COMPANY OF NEW YORK, THE EXCHANGE AGENT
 

                                                  
        By Registered or Certified Mail:                                In Person:
    United States Trust Company of New York              United States Trust Company of New York
                  P.O. Box 843                                         111 Broadway
                 Cooper Station                                  New York, New York 10006
            New York, New York 10276                  Attention: Lower Level Corporate Trust Window
      Attention: Corporate Trust Services

         By Hand or Overnight Courier:                By Facsimile (for Eligible Institutions only):
    United States Trust Company of New York                           (212) 420-6152
            770 Broadway, 13th Floor
            New York, New York 10003                           Confirm Receipt of Notice of
        Attention: Corporate Trust Unit                     Guaranteed Delivery by Telephone:
                                                                      1-800-548-6565

 
     DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY TO AN ADDRESS OTHER THAN AS
SET FORTH ABOVE OR TRANSMISSION VIA A FACSIMILE NUMBER OTHER THAN AS SET FORTH
ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
 
              PLEASE READ THE ACCOMPANYING INSTRUCTIONS CAREFULLY
 
LADIES AND GENTLEMEN:
 
     The undersigned hereby tenders to the Company upon the terms and subject to
the conditions set forth in the Prospectus and the related Letter of
Transmittal, receipt of which is hereby acknowledged, the principal amount of
Private Notes specified below pursuant to the guaranteed delivery procedures set
forth under the caption "The Exchange Offer -- Guaranteed Delivery Procedures"
in the Prospectus. By so tendering, the undersigned does hereby make, at and as
of the date hereof, the representations and warranties of a tendering Holder of
Private Notes set forth in the Letter or Transmittal. The undersigned hereby
tenders the Private Notes listed below:
- --------------------------------------------------------------------------------
    CERTIFICATE NUMBERS
       (IF AVAILABLE)                            PRINCIPAL AMOUNT TENDERED
- --------------------------------------------------------------------------------
 
- --------------------------------------------------------------------------------
 
- --------------------------------------------------------------------------------
 
   
- --------------------------------------------------------------------------------
    
 
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     All authority herein conferred or agreed to be conferred shall survive the
death, incapacity, or dissolution of the undersigned and every obligation of the
undersigned hereunder shall be binding upon the heirs, personal representatives,
successors and assigns of the undersigned.
 
If Private Notes will be tendered by    SIGN HERE 
  book-entry transfer:                  
                                        ----------------------------------------
Name of Tendering Institution:                          (SIGNATURE(S)
                                        
- ------------------------------------    ----------------------------------------
                                   
                                        ----------------------------------------
The Depository Trust Company                      NAMES(S) (PLEASE PRINT)
  Account No.:                         
                                        ----------------------------------------
- ------------------------------------     
                                        ----------------------------------------
                                                          ADDRESS

                                        ----------------------------------------
                                                         ZIP CODE

                                        ----------------------------------------
                                                AREA CODE AND TELEPHONE NO.

                                        DATE:
                                              ----------------------------------

 
                                   GUARANTEE
 
                    (NOT TO BE USED FOR SIGNATURE GUARANTEE)
 
     The undersigned, a participant in a Recognized Signature Guarantee
Medallion Program, guarantees deposit with the Exchange Agent of the Letter of
Transmittal (or facsimile thereof), together with the Private Notes tendered
hereby in proper form for transfer, or confirmation of the book-entry transfer
of such Private Notes into the Exchange Agent's account at the Depository Trust
Company, pursuant to the procedure for book-entry transfer set forth in the
Prospectus, and any other required documents, all by 5:00 p.m., New York City
time, on the fifth New York Stock Exchange trading day following the Expiration
Date (as defined in the Prospectus).
                                        SIGN HERE
                                        ----------------------------------------
                                                       NAME OF FIRM

                                        ----------------------------------------
                                                   AUTHORIZED SIGNATURE
 
                                        ----------------------------------------
                                                   NAME (PLEASE PRINT)

                                        ----------------------------------------
                                                         ADDRESS

                                         ---------------------------------------
                                                         ZIP CODE

                                        ----------------------------------------
                                                AREA CODE AND TELEPHONE NO.
 
                                        DATE:
                                              ----------------------------------
 
     DO NOT SEND CERTIFICATES FOR PRIVATE NOTES WITH THIS FORM. ACTUAL SURRENDER
OF CERTIFICATES FOR PRIVATE NOTES MUST BE MADE PURSUANT TO, AND BE ACCOMPANIED
BY, A COPY OF THE PREVIOUSLY EXECUTED LETTER OF TRANSMITTAL.
 
                                  INSTRUCTIONS
 
   
     1. DELIVERY OF THIS NOTICE OF GUARANTEED DELIVERY. A properly completed and
duly executed copy of this Notice of Guaranteed Delivery and any other documents
required by this Notice of Guaranteed Delivery must be received by the Exchange
Agent at one of its addresses set forth on the cover hereof prior to the
Expiration Date. The method of delivery of this Notice of Guaranteed Delivery
and all other required documents to the Exchange Agent is at the election and
risk of the Holder but, except as otherwise provided below, the delivery will be
deemed made only when actually received by the Exchange Agent. Instead of
delivery by mail, it is recommended that holders use an overnight or hand
delivery service, properly insured. If such delivery is by mail, it is
recommended that the Holder use properly insured, registered
    
 
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mail with return receipt requested. For a full description of the guaranteed
delivery procedures, see the Prospectus under the caption "The Exchange
Offer -- Guaranteed Delivery Procedures." In all cases, sufficient time should
be allowed to assure timely delivery. No Notice of Guaranteed Delivery should be
sent to the Company.
 
     2. SIGNATURE ON THIS NOTICE OF GUARANTEED DELIVERY; GUARANTEE OF
SIGNATURES. If this Notice of Guaranteed Delivery is signed by the registered
Holder(s) of the Private Notes referred to herein, then the signature must
correspond with the name(s) as written on the face of the Private Notes without
alteration, enlargement or any change whatsoever.
 
     If this Notice of Guaranteed Delivery is signed by a person other than the
registered Holder(s) of any Private Notes listed, this Notice of Guaranteed
Delivery must be accompanied by a properly completed bond power signed as the
name of the registered Holder(s) appear(s) on the face of the Private Notes
without alteration, enlargement or any change whatsoever.
 
     If this Notice of Guaranteed Delivery is signed by a trustee, executor,
administrator, guardian, attorney-in-fact, officer of a corporation or other
person acting in a fiduciary or representative capacity, such person should so
indicate when signing, and, unless waived by the Company, evidence satisfactory
to the Company of their authority so to act must be submitted with this Notice
of Guaranteed Delivery.
 
   
     3. REQUESTS FOR ASSISTANCE OR ADDITIONAL COPIES. Questions relating to the
Exchange Offer or the procedure for consenting and tendering as well as requests
for assistance or for additional copies of the Prospectus, the Letter of
Transmittal and this Notice of Guaranteed Delivery, may be directed to the
Exchange Agent at the address set forth on the cover hereof or to your broker,
dealer, commercial bank or trust company.
    
 
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