Abstract: A peg racking device for displaying merchandise. The peg racking device includes an elongated shaft having a bracket which is attachable to a wall, and a removable sleeve which is axially moveable along the shaft. The bracket includes lands and the rear end of the sleeve includes a notch with interface surfaces, the interface surfaces being engageable with the lands to align the sleeve and prevent rotational movement between the sleeve and the shaft. Either the sleeve or the shaft may include a bend located intermediate the rear and front ends to create an interference fit between the sleeve and the shaft, the sleeve being readily axially moveable along the shaft at least until the bend is encountered so that the sleeve frictionally contacts the shaft to prevent the sleeve from sliding off of the shaft as a package is removed from the peg.