Why retailers are stepping up as top performing ASX shares this week

Retailers have stepped up their game to emerge as some of the top-performing ASX shares this week. 

Many of the top performers have not announced any market sensitive news or updates. This could reflect broader strength and investor interest coming into the seemingly overlooked retailers. 

The strong performance has also come about after many months of trading in a sideways fashion. These ASX shares have finally managed to break out spectacularly, many of which have hit new record highs. 

Here are the seemingly overlooked retailers that have topped the market.  

The Adairs share price has cruised 10% higher this week to a record high of $4.90. The company has not released any market sensitive news besides an inclusion into…