Slatwall panels and racks have long horizontal grooves, or slats, and provide a more finished look than pegboard. The grooves accept a wide range of hooks, shelves, hangrails, and other accessories to create a storage system for organizing and displaying small parts, tools, and merchandise. The accessories can be reconfigured or replaced as storage needs change. Slatwall storage systems are used in areas such as garages, workshops, utility closets, laundry facilities, offices, kitchens, and retail stores.