EXHIBIT 12.1

SUPERVALU INC. and Subsidiaries

Ratio of Earnings to Fixed Charges

For Fiscal Years Ended

(In thousands, except ratios)	2003			2002			2001			2000			1999
Earnings before income taxes	$	408,004		$	331,998		$	139,590		$	445,393		$	316,261
Less undistributed earnings of less than fifty percent owned affiliates:		(16,368	)		(13,450	)		(9,429	)		(6,605	)		(5,943	)
Earnings before income taxes		391,636			318,548			130,161			438,788			310,318
Interest expense		182,499			194,294			212,898			154,482			124,111
Interest on operating leases		44,864			35,971			29,047			23,838			18,574
		618,999			548,813			372,106			617,108			453,003
Total fixed charges	$	227,363		$	230,265		$	241,945		$	178,320		$	142,685
Ratio of earnings to fixed charges		2.72			2.38			1.54			3.46			3.17