Costco announced that it will switch from Pepsi to Coca-Cola products at its food courts "this summer" at an annual shareholder meeting Thursday.

Costco Wholesale Corp. announced plans to replace PepsiCo Inc. with Coca-Cola Co as its food court beverage supplier, marking a significant shift in the retail giant's strategy and highlighting Coca-Cola's growing market momentum.

Rumors are swirling that there’s going to be a big change coming to the beverage fountain at Costco's food court. Here's what we know so far.