Block's Square Renews Corner Store Lease in San Francisco

Core Insights - Square has renewed its lease for the Corner Store in San Francisco's Mission District, launching new programming to enhance local business engagement and community ties [1][8] - The Corner Store has been instrumental in driving local economic growth, processing over 20,000 daily transactions in the Mission District in 2025, with a 10% year-over-year increase in transaction volumes in the latter half of the year [2][8] - The BIGFACE Coffee residency has proven successful, increasing sales in the Mission by 11% during a two-week activation, leading to an extension of the residency until April 12 [3][8] Community Engagement and Programming - The Corner Store serves as a community hub, offering personalized coffee drinks, monthly spotlights on local businesses, and events with industry leaders [4] - Square is committed to supporting local businesses and cultural events throughout the year, indicating a long-term investment strategy in San Francisco neighborhoods [5] Market Performance - Square's shares have declined by 15.6% over the past three months, compared to a 13.3% decline in the industry [5]