Artery

According to documents filed in the U.S. Bankruptcy Court, Southern District of New York, stores in Chapel Hill, Raleigh, Cary and Apex will all close as part of Borders' restructuring. The Borders in Greensboro will also close.

Borders' North Raleigh location at 8825 N. Six Forks Road will remain open, as will the stall at Raleigh-Durham International Airport.

Borders announced today that it had secured $505 million in debt financing to help the company satisfy its creditors and continue operations on a reduced scale.

The company noted that, among other initiatives and subject to court approval, Borders plans to undertake a strategic Store Reduction Program to facilitate reorganization and its repositioning. Borders has identified certain underperforming stores — equivalent to approximately 30 percent of the company’s national store network — that are expected to close in the next several weeks.

Borders plans to continue operating its remaining stores—wherever they are—and will maintain its online retail operations. It will continue to honor the Borders Rewards loyalty program, and payroll and benefits will be met, presumably for those who remain.

Here is the bankruptcy filing. borders.10_10614.pdf

And in other news, business continues as usual at your local independent bookstores.

• File photo by D.L. Anderson
• Reynolds Price in 2008

Reynolds Price, the prolific author and longtime professor at Duke University, died this afternoon after suffering a heart attack on Sunday. He was 77.

Price wrote fiction, essays, poetry and nonfiction. He taught the works of John Milton and other topics to several generations of Duke students, dating back to the 1950s. A self-described "outlaw" Christian, in 1992 he attracted attention with a speech that denounced anti-intellectualism in the Duke student body.

Price's greatest success as a fiction writer came with the 1986 novel Kate Vaiden, which won the National Book Critics Circle award.

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Here is the Indy's review of his 2009 book, Ardent Spirits: Leaving Home, Coming Back, which was the third volume of his memoirs and explored the period of his 20s that he spent living in Europe.

According to Price's wishes, there will be no public funeral.

The news release from Duke University follows. Duke's news service has posted more information about Price here.

DURHAM, N.C. — Reynolds Price, the celebrated writer of fiction, poetry, memoirs, essays and plays who turned a three-year teaching appointment into more than 50 years on the faculty at Duke University, died Thursday afternoon. He was 77.

Price, the James B. Duke Professor of English at Duke, his alma matter, had a major heart attack early Sunday. “With a poet’s deep appreciation for language, Reynolds Price taught generations of students to understand and love literature,” said Duke President Richard H. Brodhead. “Reynolds was a part of the soul of Duke; he loved this university and always wanted to make it better. We can scarcely imagine Duke without Reynolds Price.”

A native of Macon, N.C., Price graduated summa cum laude from Duke in 1955, where he studied creative writing under influential professor William Blackburn, whose other Duke students included noted authors William Styron ’47 and Anne Tyler ’61. Price was a Rhodes Scholar and studied in Oxford, England, with W.H. Auden and Lord David Cecil. He returned to the United States and took a teaching job at Duke in 1958. The letter offering Price that job warned that the position was a three-year appointment — with no chance of being extended. “That seemed a little discouraging, but I thought, ‘Well, three years is three years,’” Price recalled in a 2008 interview. During those three years he wrote his first novel and was asked to stay on. He remained a Duke faculty member for the next 53 years.

In 1962, his novel “A Long and Happy Life” received the William Faulkner Award for a notable first novel. Price published numerous books after that, including the novel “Kate Vaiden,” which received the National Book Critics Circle Award in 1986.

In his early days as a published writer, Price took offense at reviewers labeling him as the heir to Faulkner. “The search for influences in a novelist's work is doomed to trivial results,” Price wrote in a 1966 piece for The New York Times. “A serious novelist’s work is his effort to make from the chaos of all life, his life, strong though all-but-futile weapons, as beautiful, entire, true but finally helpless as the shield of Achilles itself.” Price became a member of the American Academy of Arts and Letters and received the John Tyler Caldwell Award for the Humanities from the North Carolina Humanities Council.

In 1987, Price received the University Medal for Distinguished Meritorious Service at Duke, the university’s highest honor, and the Distinguished Alumni Award. A professorship in creative writing honoring Price was established at Duke in 2008. He had a commanding presence in the classroom, using his deep, rich voice to convey the beauty of the English language.

For many years, Price taught courses on creative writing and the work of 17th-century English poet John Milton, as well as a course on the gospels in which students wrote their own version of a gospel story. Price’s Halloween reading of ghost stories and poems became a tradition on campus that lasted more than a decade. Price said he experienced two main rewards as a professor: reading and teaching great writing by other people, and getting to know his students, who included Tyler, writer Josephine Humphreys and actress Annabeth Gish.

In a fiery Founders’ Day speech in 1992, Price took aim at what he deemed a lack of intellectualism at Duke, describing students as enthusiastic about partying but marred by a “prevailing cloud of indifference, of frequent hostility, to a thoughtful life,” reported Duke Magazine. Some university officials cited that speech as an impetus for a greater emphasis on recruiting more intellectual students to Duke, according to the magazine article. Price, who considered himself an “outlaw” Christian, wove his faith into his writings. His 2007 book “Letter to a Godchild,” for example, was a christening gift to his godson, intended as a brief guide for the child’s spiritual future. He also published two biblical translations: “A Palpable God” (1978) and “The Three Gospels” (1996).

Price became confined to a wheelchair in 1984 when a cancerous tumor affecting his spinal cord left him paralyzed from the waist down. A 2006 article in The News & Observer of Raleigh, N.C., noted that Price had pondered and accepted the truths articulated in the Book of Job: that God’s ways are often beyond understanding or finding out. “The fact that my legs were subsequently paralyzed by 25 X-ray treatments ... was a mere complexity in the ongoing narrative which God intended me to make of my life," he said. Price’s account of cancer survival is captured in his 2003 book, “A Whole New Life: An Illness and a Healing.”

Price’s third volume of memoir, “Ardent Spirits: Leaving Home, Coming Back,” was published in the spring of 2009. The book explores six crucial years in Price’s life, from leaving home in 1955 to attend Oxford University to his return to North Carolina and the start of his career as a university teacher. According to Price’s wishes, there will be no public funeral. Duke University has not yet announced plans to honor Price.

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• Marsha Warren and the N.C. Writers Network won an Indie Arts award from the Independent Weekly in 1995.

From frequent Indy contributor Rebekah L. Cowell:

At the age of 39, Marsha White Warren lost her mother, a loss she calls "devastating."

"I needed something to go too for solace and expression," said Warren. A dedicated reader, she began to write. Her grief, and her chosen outlet for expression, was the catalyst that launched Warren into the literary world.

In a ceremony tonight at Chapel Hill's William and Ida Friday Center for Continuing Education, Warren will accept the John Tyler Caldwell Award for the Humanities for her life of advocacy for the public humanities across North Carolina.