low-priced

Fiddelke, during Target’s earnings call in August, said the retailer needed to reclaim its relevance as an “authority” in stylish and low-priced merchandise.

By flooding global markets with low-priced rare earths, China has made it difficult for producers in developed countries to compete.

Chinese automaker BYD sells ultra low-priced fully electric models, but they are not available in the U.S.

As well as its own lines, it sells hundreds of other brands, and its website offers everything from low-priced clothing and vintage fashion to Korean skincare and Sol de Janeiro.

Mondelēz described Aldi's business model as hinging on "low-priced private label products that resemble the look and feel of well-known brands".