Abstract: A vertical storage, display and dispensing rack assembly is shown which is filled from the front and dispenses articles from the front. The rack has a plurality of slots with each slot being adjustable in both width and depth so that a different sized article may be dispensed from each slot. Retaining flanges hold the articles in the individual slots with the lower front being open for ease of dispensing the articles. The rack assembly has interchangeable components for ease of assembly or change of configuration to accommodate different size articles in accord with the changing needs.