Abstract: An upwardly opening, generally rectangular tray for receiving and stacking therein at least one set of generally rectangular disc holders that define formations for receiving and releasably supporting compact discs. Cooperatively interactive guide formations are defined by the tray and by the disc holders 1) for permitting the disc holders to be moved relative to each other so that compact discs can be positioned in and selectively removed from the disc receiving formations of the holders, and 2 for facilitating the orderly stacking of the disc holders so that, when stacked, the disc holders extend juxtaposed one atop another with each disc holder extending substantially parallel to a bottom wall of the tray. An optional cover may be positioned atop an individual tray, or atop the uppermost of a set of stacked trays. Alternatively, a cover that is hinge-connected to the tray may be provided. Label mounting surfaces preferably are provided on the trays, on the disc holders and on the optional cover.