New Delhi, May 19 -- A long-standing Red Lobster restaurant in the US is set to close its doors this week, marking the end of a 56-year run. The seafood chain has faced major financial difficulties in recent years, including bankruptcy proceedings in 2024 and the closure of around 130 outlets across the country.

The company has now confirmed that its Tallahassee, Florida location will permanently shut on Sunday, May24.

The Tallahassee branch holds the distinction of being Red Lobster's longest continuously operating restaurant and had previously managed to survive the company's bankruptcy-related closures.

At the height of the restructuring process, the chain shut down 17 restaurants across Florida.

As the company attempted a recovery...