SCHULTZ SAV O STORES INC
SC 13G/A, 1999-02-16
GROCERY STORES
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 14)*


                           SCHULTZ SAV-O STORES, INC.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.05 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                   808196 10 9
               --------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1998
               --------------------------------------------------
             (Date of Event Which Requires Filing of this Statement

Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

      [ ]         Rule 13d-1(b)

      [ ]         Rule 13d-1(c)

      [X]         Rule 13d-1(d)

*     The  remainder  of this cover  page  shall be filled  out for a  reporting
      person's  initial filing on this form with respect to the subject class of
      securities,  and for any subsequent amendment containing information which
      would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).

                        (Continued on following page(s))
                                Page 1 of 3 Pages


<PAGE>


- -------------------------
CUSIP No. 808196  10  9
- -------------------------


 ===============================================================================
   1    NAME OF REPORTING PERSON
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Schultz Sav-O Stores Retirement Savings Plan (f/k/a Schultz Sav-O Stores
        Salaried Employees' Profit Sharing Trust)

================================================================================
  2    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                         
       (SEE INSTRUCTIONS)                                              (a)   [ ]
                                                                       (b)   [ ]
       N/A                                                                      
       
================================================================================
  3    SEC USE ONLY
       
================================================================================
  4    CITIZENSHIP OR PLACE OF ORGANIZATION
                                           
       United States                       
       
================================================================================
                     5   SOLE VOTING POWER  
    NUMBER OF            0                  
                         
      SHARES       =============================================================
                     6   SHARED VOTING POWER                                    
   BENEFICIALLY          1,156,866.352                                          
                                                            
     OWNED BY      =============================================================
                     7   SOLE DISPOSITIVE POWER                                 
       EACH              0                                                      
                                                          
    REPORTING      =============================================================
                     8   SHARED DISPOSITIVE POWER                               
      PERSON             1,156,866.352                                          
                                                        
       WITH        
================================================================================
  9    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 
       1,156,866.352                                                 
        
================================================================================
10     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES 
       CERTAIN SHARES (SEE INSTRUCTIONS)                                     [ ]
       N/A                                                                      
        
================================================================================
11     PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 
       17.54%                                           
        
================================================================================
12
        TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
        EP
================================================================================


                               Page 2 of 3 Pages

<PAGE>




- --------------------------
CUSIP No. 808196  10  9
- --------------------------


        This  Amendment  No. 14 to  Schedule  13G with  regard to Schultz  Sav-O
Stores,  Inc. is being filed on behalf of the undersigned to amend Item 4 of the
originally  filed Schedule 13G.  Except as expressly  stated herein,  there have
been no material changes in the information set forth in the Schedule 13G.

Item 4.

            Ownership (as of December 31, 1998):

            (a) Amount Beneficially Owned: 1,156,866.352

            (b) Percent of Class: 17.54%

            (c) Number of shares as to which such person has:

                  (i)   sole power to vote or to direct the vote: 0

                  (ii)  shared   power   to  vote  or  to   direct   the   vote:
                        1,156,866.352 Shares

                  (iii) sole power to dispose or to direct the disposition of: 0

                  (iv)  shared power to dispose or to direct the disposition of:
                        1,156,866.352 Shares


                                    SIGNATURE


         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.



February 11, 1999                                                 
Date


SCHULTZ SAV-O STORES
RETIREMENT SAVINGS PLAN
f/k/a Schultz Sav-O Stores Salaried
      Employees' Profit Sharing Trust)


By:   /s/ John H. Dahly                                     
      John H. Dahly
      Co-Administrator




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