RALPHS SAYS RECESSION HURT SALES, EARNINGS

COMPTON, Calif. -- Ralphs Grocery Co. here said the ongoing recession in southern California resulted in lower sales and earnings for the second quarter ended July 17.r and 1.6% for the first half of the fiscal year.Ralphs said its sales continue to be adversely affected by the southern California recession and competitive activity, including the opening of new stores and remodeling of existing facilities

COMPTON, Calif. -- Ralphs Grocery Co. here said the ongoing recession in southern California resulted in lower sales and earnings for the second quarter ended July 17.

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