I have two stacked lateral files in a closet where I store my fabrics. Each drawer pulls outside the closet independently when I want in that drawer, and it is so easy to rifle through when needed. I close the closet door when not using.
I use foam-core board cut to a size that allows me to fold the fabric so that three columns of fabric stack per drawer. Since the fabric is laying down (not up like a book on a shelf) I don't need to leave the foam-core board in the fabric.
The top drawer has fat quarter size and smaller just folded.
I used to put fabric in this closet hanging by clothes hangers. This file allows me to store ALOT more fabrics.