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Delhaize U.S. stores earn Energy Star award

BY DSN STAFF

SALISBURY, N.C. — Delhaize U.S. banners Food Lion Family, Bloom and Bottom Dollar Food earned their 10th consecutive Energy Star award from the U.S. Environmental Protection Agency.

The company was 1-of-46 organizations recognized in the sustained excellence category and among 111 overall 2011 Energy Star award winners chosen from more than 20,000 partners in the Energy Star program.

"We are honored to receive this Energy Star Sustained Excellence award and are committed to being strong corporate citizens in the communities in which we operate," said Kyle Mitchell, VP store development for Delhaize America South. "Food Lion Family, Bloom and Bottom Dollar Food remain dedicated to environmental stewardship and are proud to continue to lead the way with energy conservation initiatives."

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Ingles Markets declares quarterly dividend

BY Allison Cerra

ASHEVILLE, N.C. — The board of directors at regional supermarket chain Ingles Markets declared a cash dividend of 16.5 cents per share of Class A common stock and 15 cents per share on all its Class B common stock.

This is an annual rate of 66 cents and 60 cents per share, respectively. Dividends on both the Class A and Class B common stock are payable April 21, to all shareholders of record on April 7.

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Costco head named one of the top CEOs by Barron’s

BY Alaric DeArment

NEW YORK — Costco Wholesale CEO Jim Sinegal has made the Barron’s magazine list of the top 30 CEOs.

Sinegal earned the 22nd spot on the list. The magazine pointed out his busy travel schedule, which takes him to most of Costco’s 582 stores every year, as well as a recent trip to Asia from which he arrived in Issaquah, Wash., at 8 a.m., showered and was in the office at 9 a.m.

The article can be accessed here.

Also on the list, at No. 28, was Abbott Labs CEO Miles White.

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