A display device includes an optical stack arrangement including from the viewing side: a front polarizer; a first electrode layer; a viewing side bistable liquid crystal (LC) alignment layer; an LC layer; a non-viewing side bistable LC alignment layer; a second electrode layer; and a rear polarizer. The bistable LC alignment layers induce alignment of LC molecules of the LC layer adjacent to respective surfaces of the bistable LC alignment layers. The non-viewing side bistable LC alignment layer is switchable between two stable LC alignment states and the viewing side bistable LC alignment layer is also switchable between two stable LC alignment states. A combination of structural parameters of the viewing side and non-viewing side bistable LC alignment layers and the front and rear polarizers renders the display device operable to achieve four stable distinct optical states, each stable distinct optical state having a different optical response when viewed from the viewing side of the display device.