Business

Discount retailer Building #19 files for bankruptcy

A shopper looked for bargains at a Building #19 store in Hingham in 2000.

Globe File/2000

A shopper looked for bargains at a Building #19 store in Hingham in 2000.

HINGHAM, Mass. (AP) — Boston-area discount retailer Building #19, famous for its comic book-style circulars and the motto ‘‘Good Stuff ... Cheap,’’ is closing its doors after a nearly half century in business.

The Hingham-based company, with 10 stores in Massachusetts, Rhode Island and New Hampshire, filed for bankruptcy last week. The company is seeking permission to hire a liquidation consultant and close by Dec. 8.

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The Patriot Ledger reports that the company cited Internet competition and a lack of cash for new inventory as the reasons for the filing.

Building #19 was co-founded in 1964 by Jerry Ellis, a laid off appliance salesman.

The chain, which sells salvaged goods, overstocks, surplus and irregular merchandise, often made fun of its no frills, disorganized stores. One recent circular said ‘‘Suffer a little. Save a lot.’’

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