9 brands come together under one roof in Brooklyn to test new retail shop

Key Points

• The space, called HiO, opens this week inside Acadia Realty’s City Point shopping complex in downtown Brooklyn.
  
  
• It features nine businesses, including eight that are making their U.S. store debut.
  
  
• More HiO stores are set to open in the U.S. in the future, the co-founders tell CNBC, helping fill a glut of empty real estate.

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RSK: This will be interesting to see how it plays out. You think it would work in college towns near campus or downtown areas.