Collapsible storage apparatus for vehicle cargo compartments

An apparatus for storing items within a vehicle compartment, wherein the vehicle compartment includes a floor, the apparatus comprising:

• a base disposed on the floor and having a surface exposed to the vehicle compartment;
• a rear panel pivotally attached to the base and comprising opposite front and rear sides, opposite first and second end portions, and opposite edge portions, wherein the rear panel is movable between a closed position wherein the front side is in overlying, face-to-face relation with the base surface and an open position wherein the rear panel is disposed substantially normal to the base surface;
• and
• a locking member configured to releasably secure the rear panel in the open position, wherein the locking member is configured to move independently relative to the rear panel and upwardly and downwardly relative to the base, and wherein the rear panel is allowed to pivot when the locking member is moved upwardly and wherein the rear panel is maintained in the open position when the locking member is moved downwardly.