J.C. Penney adds another Apple exec to its team

Plano, Texas -- On Thursday, J.C. Penney and CEO Ron Johnson announced a new lineup of executive players to join the department store retailer’s team, one of them from the ranks of Apple. Benjamin Fay, senior director of retail real estate, design and development for Apple, has been named executive VP real estate, store design and development for J.C. Penney. In his new role, Fay is charged with creating a new interface for retail through a Penney’s store of the future, as well as implementing the Shops strategy and the remodel and maintenance of all existing stores. Fay will