U.S. importers are now able to access a Customs and Border Protection portal to apply for refunds tied to tariff charges applied — tariffs judged as unconstitutional by the Supreme Court. The $166 billion in refunds up for grabs could take between 60 to 90 days to be processed, following successful application (more).

The majority of Americans receiving tax refunds plan to spend it within the span of a month, according to survey results. “Tax refunds are arriving this year in an environment with a lot of consumer psychological strain,” Marty Bauer, e-commerce expert for Omnisend, said (more).

Oil prices dropped sharply and the DOW shifted upwards as the Strait of Hormuz reopened. The strait will be open, according to the Iranian foreign minister, for the remainder of the planned ceasefire (more).

Uber Eats is now enabling customers to send back certain retail items purchased through the platform, receiving an instant refund when doing so. Shoppers request a return through the app, and couriers come to pick it up (more).

Walmart is pushing for a remodeling of over 650 stores stateside, with wider aisles and modernized pharmacy departments being a focus. The retailer also plans to open 20 new stores this year (more).