Abstract: A shelf rack such as for storing both men's and women's shoes including a base panel, normally resting on a horizontal surface, two side panels joined by a joining panel, and a stack of shelf panels supported by either grooves or studs in the side panels. Support by studs permits selection of the angle of the shelf panels with the horizontal plane. Blocks removably secured on the outside surface of either side panel has an array of pegs. With the blocks oriented in one position, the pegs are used for hanging shoes with high heels. The blocks oriented in another position, the pegs are retracted to permit convenient storage of the rack. A tie panel is removably mounted by hinges on an outside surface of a side panel. The tie panel has a tie bar on an inside surface so that the tie panel may be closed against the side panel to secure the ties when required or the tie panel may be swung back to provide accessibility to the ties.