I would divide the CD into sections and would write the colour names in French (written out with words). Put in a ziplock baggie. This could be an activity to do at a centre, or a "J'ai fini" activity to keep on the cart, or a partner activity when first learning the colours.
Small Workshop Storage Solutions: Eke out every cubic inch of storage in a basement shop with pivoting boxes that hang between the ceiling joists. http://www.familyhandyman.com/workshop/storage/small-workshop-storage-solutions/view-all