arcadia, which also owns burton and miss selfridge, said ms phelan and mr richardson would be replacedven by "new and extended specialist ranges and new outlets". and korean carmaker hyundai is wading further into the electric vehicle market, promising a car that can go 500km, 311 miles, on each charge. hyundai already has an electric model on the market, but its range lags behind its competitors‘ models. along with its affiliate kia, hyundai is planning 31 eco—friendly models by 2020. the ftse 100 blue chip index has fallen 0.52% today, heading for its first down day this week, following the lead of european indexes which have all edged back after a set of cautious minutes from the us federal reserve hinting at the prospect of slower interest rate hikes due to some weak inflation data. many of the major banks are among the biggest fallers, helping financials take 11 points off the index overall. but it‘s kingfisher, europe‘s largest home improvement retailer, that‘s the day‘s worst performing stock, after those worse than expected quarterly sales at b&q. but there are gains from gold