Bakery tray having an adjustable merchandising window

An open top bakery tray that is stackable and nestable on trays of like design. The tray has a generally rectangular configuration including a bottom wall, end walls and sidewalls. One of the walls is cut away to define a merchandising window to facilitate the removal of materials from the tray and the viewing and inspection of such materials and the tray further includes a gate moveable between an open position in which the window is unobstructed to allow free access to the tray and a closed position in which the gate extends across the window to preclude the inadvertent displacement of merchandise from the tray.