1
                                  Exhibit 12.1

        SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES OF
              THE KROGER CO. AND CONSOLIDATED SUBSIDIARY COMPANIES
                FOR THE FIVE FISCAL YEARS ENDED JANUARY 29, 2000



                                                                Fiscal Years Ended
                                   -----------------------------------------------------------------------------
                                   January 29,      January 2,      December 27,    December 28,    December 30,
                                      2000           1999             1997            1996            1995
                                   (52 weeks)      (53 weeks)      (52 weeks)      (52 weeks)      (52 weeks)
                                   ----------      ----------      ----------      ----------      ----------
                                                           (in millions of dollars)
                                                                                    
Earnings:
     Earnings before
         tax expense
         (credit), and
         extraordinary loss ...    $ 1,129         $   871         $   954         $   701         $   591

     Fixed charges ............      1,031           1,038             679             595             596
     Capitalized interest .....         (5)             (9)            (10)            (12)            (11)
                                   -------         -------         -------         -------         -------
                                   $ 2,155         $ 1,900         $ 1,623         $ 1,284         $ 1,176
                                   =======         =======         =======         =======         =======
Fixed charges:
     Interest .................    $   659         $   654         $   397         $   361         $   369
     Portion of rental
         payments deemed
         to be interest .......        372             384             282             234             227
                                   -------         -------         -------         -------         -------
                                   $ 1,031         $ 1,038         $   679         $   595         $   596
                                   =======         =======         =======         =======         =======

Ratio of earnings to
     fixed charges ............        2.1             1.8             2.4             2.2             2.0