A tray for retaining a plurality of food items, the tray comprising: a bottom wall portion, a sidewall portion extending upwardly from the bottom wall portion (120, 122, 124), and one or more dividers (152, 154), the bottom wall portion, the sidewall portion and the one or more dividers together defining a plurality of interconnected compartments (114, 116, 118) each configured to retain one or more of the food items accessible via an opening, opposite the bottom wall portion; a flange portion disposed about the opening and at an opposite end of the sidewall portion relative to the bottom portion, the flange portion including a peripheral rim extending outwardly from the sidewall portion; each of the one or more dividers (152, 154) separating adjacent compartments from each other, the one or more dividers each extending upwardly from the bottom wall portion and terminating adjacent the peripheral rim, characterized in that: each of the one or more dividers being connected with the peripheral rim by a pair of scalloped ledges (172, 174, 176, 178), each of the dividers having a pair of opposing divider walls positioned at an angle relative to each other and joined at an apex; wherein the sidewall portion includes a pair of opposing end walls (138, 148) each having stiffening ribs extending from adjacent the bottom portion toward the flange portion and spaced from the flange portion by a segment of the end wall; and wherein the tray is configured such that, in response to a compressing force in a direction substantially perpendicular to the end walls, the scalloped ledges permit each pair of the opposing divider walls to pivot about their respective apex in a direction away from each other such that the angle between the divider walls of each of the one or more dividers increases as compared to an angle between the opposing divider walls when there is no compressing force. a bottom wall portion, a sidewall portion extending upwardly from the bottom wall portion (120, 122, 124), and one or more dividers (152, 154), the bottom wall portion, the sidewall portion and the one or more dividers together defining a plurality of interconnected compartments (114, 116, 118) each configured to retain one or more of the food items accessible via an opening, opposite the bottom wall portion; a flange portion disposed about the opening and at an opposite end of the sidewall portion relative to the bottom portion, the flange portion including a peripheral rim extending outwardly from the sidewall portion; each of the one or more dividers (152, 154) separating adjacent compartments from each other, the one or more dividers each extending upwardly from the bottom wall portion and terminating adjacent the peripheral rim, characterized in that: each of the one or more dividers being connected with the peripheral rim by a pair of scalloped ledges (172, 174, 176, 178), each of the dividers having a pair of opposing divider walls positioned at an angle relative to each other and joined at an apex; wherein the sidewall portion includes a pair of opposing end walls (138, 148) each having stiffening ribs extending from adjacent the bottom portion toward the flange portion and spaced from the flange portion by a segment of the end wall; and wherein the tray is configured such that, in response to a compressing force in a direction substantially perpendicular to the end walls, the scalloped ledges permit each pair of the opposing divider walls to pivot about their respective apex in a direction away from each other such that the angle between the divider walls of each of the one or more dividers increases as compared to an angle between the opposing divider walls when there is no compressing force. each of the one or more dividers being connected with the peripheral rim by a pair of scalloped ledges (172, 174, 176, 178), each of the dividers having a pair of opposing divider walls positioned at an angle relative to each other and joined at an apex; wherein the sidewall portion includes a pair of opposing end walls (138, 148) each having stiffening ribs extending from adjacent the bottom portion toward the flange portion and spaced from the flange portion by a segment of the end wall; and wherein the tray is configured such that, in response to a compressing force in a direction substantially perpendicular to the end walls, the scalloped ledges permit each pair of the opposing divider walls to pivot about their respective apex in a direction away from each other such that the angle between the divider walls of each of the one or more dividers increases as compared to an angle between the opposing divider walls when there is no compressing force.