An assembly comprising a storage receptacle includes a front panel, a rear panel, a first side panel joining the front panel to the rear panel and a second side panel joining the front panel to the rear panel. The front panel, the rear panel and the first and second side panels define a storage space within the confines of the front panel, the rear panel and the first and second side panels. A divider is located within the storage space and extends between the front panel and the rear panel and divides the storage space into storage space sections. A spring operated mechanism engages the divider to selectively maintain the divider in place in the storage space and allows for the position of the divider to be adjusted between the first side panel and the second side panel, whereby the dimensions of the storage space sections can be adjusted.