Starbucks Coffee Co.

Two weeks after publicly stating it had lost $56 million processing payments for Starbucks, Square no longer has to worry about future losses.

Starbucks has selected Chase Commerce Solutions, the global payment processing and merchant acquiring division of JPMorgan Chase & Co., to transition processing of all non-mobile payments and U.S. retail card payment transactions in company-operated stores. Chase will also partner with Starbucks on the rollout of chip-enabled payment terminals.

Ridge Hill Shopping Center, developed by Forest City Ratner Companies (FCRC), is expanding.

During the course of the last month, Yonkers, New York-based Ridge Hill added nine new retailers and attractions to its roster of tenants. In the first half of 2015, the center added a total of 50,000 sq. ft. of retail and restaurants, with an additional 15,000 sq. ft. of office space. Seasonal offerings will account for another 14,000 sq. ft. and the center is poised to add 10,000-sq.-ft. of permanent retail before the year ends.

Walnut Creek, Calif. -- Macerich announced 45 retailers set to join Broadway Plaza in Walnut Creek, California. The center, anchored by Nordstrom, Neiman Marcus and Macy's, is undergoing a major renovation that will add 315,000 sq. ft. of new space, parking, new finishes and refreshed outdoor amenities.

As it prepares for a planned IPO, Square, the payments processing company led and co-founded by tech heavyweight Jack Dorsey is adding key executives to its Square Capital business financing operation.

There are no sure things in business – not even a partnership with Starbucks.

In paperwork filed for a planned IPO, Square revealed that since launching an agreement to process back-end mobile transactions for Starbucks in October 2012 (the coffee chain did not adopt Square reader hardware), it has recorded $309.8 million in revenue but $380.4 million in processing costs.

Starbucks Corp. is reportedly seeing value in a new addition to its drive-through order windows.

According to Bloomberg, Starbucks is rolling out video screens to 2,400 drive-through lanes in stores across the U.S. during the next 12 months. In one major differentiator from the drive-through screens found at many quick service chains, Starbucks screens will feature a real-time audio/video feed of the barista taking the order.

Images of items the customer orders will appear on the screen to ensure they are placed correctly.

Curt Garner, who first announced he would leave his current role as CIO of Starbucks Corp. in June, has revealed his next professional stop.

Garner will join Chipotle Mexican Grill as CIO effective Nov. 23, and become the company’s first executive with that title. Chipotle appears to want to duplicate some of the IT-related success Starbucks has had in areas such as store operations and customer experience.

Starbucks Corp. is looking to someone with detailed knowledge of developing technology solutions as its new chief technology officer.

The coffee giant has named Gerri Martin-Flickinger, who previously served as senior VP and CIO of Adobe, as CTO effective Nov. 2.

In her new role, Martin-Flickinger will lead the global IT function and play a key role in shaping the technology agenda across the Starbucks business. Interestingly, in her previous life she played a key role in enabling Adobe’s transformation to a cloud-based business.