One of the LoveFest challenges is posted by Stamp-n-Storage - post photos and summaries of storage successes whether your whole space or a specific area.
One of my problem areas was ribbon. Mostly I buy ribbon by the yard rather than whole rolls and I used to have it all in little baggies in a drawer - a nightmare to look through and find what I wanted. Then I discovered the ribbon ring and it is the most amazing solution - it is inexpensive and takes up next to no space, and besides it looks pretty!
My next photo shows the whole thing and how it hangs up.