This is exactly as pictured. We bought for hallway nook, and have recently moved it to playroom. I love that you can unstack them and put them side-by-side on the ground, which is how we currently use them. We have them up against the wall in our playroom and use the cubbies to hold all the toys.

The back panel is a little more thin than I anticipated, but is still sturdy enough to get the job done, and it comes with bolts to mount to wall. 

Not Pottery Barn, but great product and value!