The following video is part of our "Motley Fool Conversations" series in which consumer goods editor/analyst Austin Smith and industrials editor/analyst Brendan Byrnes discuss topics across the investing world.

In today's edition, Brendan and Austin discuss the likelihood of a merger between pharmacy titans CVS Caremark (NYSE: CVS) and Walgreen (NYSE: WAG). With the recent fallout between Walgreen and Express Scripts (Nasdaq: ESRX), the industry dynamics are shifting dramatically. Add in the backdrop of Express Scripts and Medco (NYSE: MHS) attempting to merge, and there is speculation that the big pharmacy boxes will also have to consolidate in order to maintain some leverage.

Austin Smith has no positions in the stocks mentioned above. Brendan Byrnes has no positions in the stocks mentioned above. The Motley Fool owns shares of SUPERVALU INC. Motley Fool newsletter services recommend Medco Health Solutions. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.