<GRAND UNION CO> 4TH QTR MARCH 28 NET Net 7,237,000 vs 5,938,000 Sales 630.8 mln vs 601.8 mln Year Net 34.1 mln vs 20.5 mln Sales 2.75 billion vs 2.61 billion NOTE: Twelve and 52-week periods. Generale Occidentale SA subsidiary. Prior year net both periods includes 7,580,000 dlr pretax charge for store closings. Year net includes pension gain 3,455,000 dlrs vs charge 5,502,000 dlrs due to change in pension accounting. Income tax rate for year 45.9 pct vs 34.1 pct due to abolition of investment tax credits. Elimination of investment tax credits approximately offset gain from change in pension accounting, company said.