Price drop! This Alice + Olivia Bike drops from $499.99 to $249.99 $149.99 at Target.com. Even with $32 shipping, that's a drop of $68 from last week's mention and 64% off the list price for this bike, which is exclusive to Target. Recently introduced for the holidays, this colorful three-speed bike comes with handle breaks, a neon kickstand, dual spring saddle seat, purple bell, logo license plate and belted basket. Sales tax is charged in most states.