A storage container that is foldable between a first, second and third position, and having a generally planar base, a pair of opposing end panels, and a pair of opposing side panels. In the first position, the side panels and end panels are folded to form a generally planar shape. When formed into the second position, the end and side panels are folded generally perpendicular to the base to form an open container shape. In the third position, the base panels, side panels and end panels are folded to form a closed box shape. The base includes a bottom portion located between a pair of base panels. The end panels are foldably connected to the base panels. The side panels are foldably connected to the base and the end panels.