A merchandiser (10) is disclosed having a main body (20), top shelf (110) and bottom shelf (31). A slidable graphics panel (90) with a bumper (100) formed in the back thereof is positioned such that the interlocking channels (60,61) permit the graphics panel (90) to move between upper and lower positions relative to the main body (20). When the graphics panel (90) is in the upper position, the wares (200) on the bottom shelf (31) are viewable to potential purchasers and when the graphics panel (90) is in the lower position, the wares (200) on the upper shelf are viewable to potential purchasers. A sample opening (80) is also constructed in the body (20) wherein a product sample (200) may be conveniently removed, tested or demonstrated and returned to the merchandiser (10).