Daily Industry Digest — Thursday, July 9, 2026
PepsiCo Q2 beat on revenue ($24.18B, +6.4%) but missed EPS by a penny as North America stayed soft and international carried growth; FY guidance held.
- PepsiCo Q2 beat on revenue ($24.18B, +6.4%) but missed EPS by a penny as North America stayed soft and international carried growth; FY guidance held.
- RNDC's wind-down keeps reshuffling the spirits tier: Wilson Daniels named Reyes in 7 states and Johnson Brothers in 5.
- Reyes added Sazerac in Colorado, extending its multistate footprint just as its wine/spirits revenue nears ~$7B.
- Big Geyser stocked up for summer, signing LMNT's first RTD, Beyond Meat's Immerse, Loonen water and Throne Sport Coffee for NYC-metro DSD.
- Private label hit an all-time-high 23.8% unit share in H1 2026 (PLMA/Circana), still taking share from national brands.
- Kroger's $1.65B Giant Eagle deal is being read as much as a retail-media/data play as a grocery-consolidation move.
- Instacart launched the first end-to-end retail media solution running natively inside TikTok.
- Kroger continues its store-rationalization (~60 closures planned in 2026) while Target opens 11 new stores in July.
Wilson Daniels realigns behind Reyes and Johnson Brothers across 12 states
The fine-wine importer/marketer named Reyes Beverage Group as its distributor in 7 states (AZ, CO, HI, LA, OK, TX, VA) and Johnson Brothers in 5, part of the ongoing supplier reshuffle triggered by RNDC's exit from…
UPDATE — Reyes gains Sazerac in Colorado
Reyes picked up Sazerac's portfolio in Colorado, expanding an already-broad multistate relationship as the distributor's wine and spirits revenue approaches ~$7B, ranking it third behind Southern Glazer's and Breakthru.
Big Geyser stocks up for summer
New York's largest non-alcoholic DSD house added LMNT's first-ever ready-to-drink line, sustainable water brand Loonen, Beyond Meat's Immerse RTD protein drink, and Patrick Mahomes-backed Throne Sport Coffee for a…
UPDATE — Southern Glazer's rebrands to Southern Glazer's Beverage Co
The top US wine-and-spirits distributor is dropping "Wine & Spirits" from its name to reflect expansion into beer, non-alcoholic and ready-to-drink categories.
UPDATE — Kroger's $1.65B Giant Eagle acquisition framed as a retail-media/data play
The deal ($1.25B cash plus ~$400M assumed liabilities) adds ~197 supermarkets and ~$9B in sales across OH, PA, WV, MD and IN; commentary centers on Kroger combining household purchase data across banners to feed its…
Instacart launches first end-to-end retail media solution on TikTok
Instacart is now the first retail media network to offer native, closed-loop capabilities inside TikTok Ads Manager, letting select CPG advertisers use its first-party grocery data for targeting and measurement within…
Target opens 11 stores in July
The openings span AZ, CA, CO, FL, KY, MA, SC, SD, TX and UT, part of a plan for 30+ new stores in 2026 and 300+ by 2035.
Kroger continues store rationalization
Kroger expects to close ~60 stores across its portfolio by year-end 2026, with locations such as the Mariano's in Gurnee, IL slated to shut July 17.
PepsiCo Q2 2026: revenue beat, EPS miss, North America soft
Net revenue rose 6.4% to $24.18B (above the ~$23.95B consensus) while adjusted EPS of $2.20 came in a penny light; international segments drove organic volume gains as North American food and beverage stayed weak.
Private label hits record 23.8% unit share
Store brands reached an all-time-high unit share in the first half of 2026 (PLMA/Circana), with store-brand unit sales up 0.2% while national-brand units slipped 0.5%; ~95% of consumers buy private label and Gen…
UPDATE — Texas AG investigates Celsius over Alani Nu caffeine marketing
The probe examines whether youth-oriented branding on 200mg-caffeine Alani Nu cans improperly appeals to minors, amid a wrongful-death lawsuit tied to a teen's caffeine consumption.
Langers enters GLP-1 support with "No Worries."
The juice maker launched a functional beverage aimed at GLP-1 medication users — formulated with inulin, magnesium, calcium, tart cherry and pineapple plus vitamins C and B12 — now on Amazon and in Texas's 200+ Spec's…
Coca-Cola leans on flavor and limited editions
Coca-Cola expanded its Cherry portfolio with new releases and rolled out limited-edition patriotic packaging for the US 250th anniversary, alongside destination Freestyle flavors, consistent with its 2026 innovation…
- Kroger–Giant Eagle regulatory review (expected close 2027) and how combined shopper data feeds Kroger's retail media pitch.
- RNDC wind-down — further market-by-market supplier reassignments to Reyes, Johnson Brothers, SGWS, Martignetti and Breakthru.
- Sysco–Restaurant Depot (~$29.1B) foodservice deal and its antitrust path; separately, US Foods–PFG merger talks remain terminated.
- Coca-Cola Q2 earnings due ~July 28 — read-through on pricing vs. volume against PepsiCo's soft US quarter.
- Amazon grocery — reported wind-down of Amazon Go/Fresh formats with a Whole Foods refocus.
- Energy-drink regulation — spillover from the Celsius/Alani Nu caffeine-marketing probe.
Wilson Daniels Aligns with Reyes Beverage Group in 7 States and Johnson Brothers in 5 StatesWine Industry Advisor
Wilson Daniels / Reyes / Johnson BrothersPR Newswire
News Alert: Reyes Gains Sazerac In CO, Expanding Multistate PartnershipShanken News Daily
Southern Glazer's Wine & Spirits to change nameThe Spirits Business
Distribution: Big Geyser Stocks UpBevNET
Kroger's Giant Eagle Deal Signals the Next Battle in Retail MediaStreet Fight
Instacart grows its retail media bona fides with TikTok integrationGrocery Dive
Target plans to open 11 stores in JulyFreshPlaza
Grocery chain resumes store closures after monthslong pause (Mariano's/Kroger)TheStreet
PepsiCo Q2 2026 earnings: revenue beat, EPS miss, U.S. slumpYahoo Finance
PepsiCo (PEP) Q2 2026 earningsCNBC
Store brands rise: record H1 2026 unit share (PLMA/Circana)Progressive Grocer
Attorney General Ken Paxton Announces Investigation into Celsius Energy Drink CompanyTexas OAG
Langers wades into functional waters with GLP-1 support beverageFood Business News
Coca-Cola expands Cherry portfolio with new releasesBeverage Industry
Sysco's $29B Bid for Restaurant Depot Raises Antitrust QuestionsMogin Law
Performance Food Group, US Foods end merger talksFreightWaves