I cut a piece of matboard 5 5/32" x 3". On the top of that at a right angle, I glued a piece of 3/32" x 1 3/4" x 5 5/32" basswood. On each side, I glued a 3" x 1 1/2" piece of 3/32" basswood.. I glued a 5" piece across the bottom (between the sides) then positioned two shelves between the side walls - the top 1/2" down and the second 1 7/16" down.
The pegboard that goes above the counter needs to have a wooden frame behind it so the "pegs" have a place to fit. This actually could have been as thin as coffee stirrers but since I took some 3/16" square strip wood to Leanne and Rob's, that's what I used.
I cut the 'pegboard' to 5 3/32" x 4". Since I'm going to be adding the wooden frame to the back, I have to sand down the extrusions from the push pins to level off the back of the matboard where the frame will go. A few passes with an emory board will take care of that.
I made the back frame with my hand held mitre cutter but since it's on the back of the 'pegboard' you could just use butt joints. I glued the molding on the back holding it in place with binder clips.
The pegboard in place over the counter.
Build the magazine/book rack and make the round fabric table that will display the Christmas fabrics.
What the heck! Still have a week before the Show and Sale!