The rise and fall of Red Lobster, which just filed for bankruptcy after a failed endless shrimp promotion

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Red Lobster restaurant
Red Lobster filed for bankruptcy after closing over 50 restaurants.

PATRICK T. FALLON/AFP/Getty Images

I spent $125 on dinner for 2 at Red Lobster. It was pricey, but the portion sizes were massive.

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red lobster in times square and the author holding up shrimp fettuccini alfredo
I went to Red Lobster and ordered dinner for two. The meal impressed me, but was a little pricey.

Erin McDowell/Business Insider

I tried Chili's new Big Smasher burger and thought it was far superior to a Big Mac

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author in front of chilis and big smasher burger
I tried Chili's first new burger in three years, the Big Smasher. I'd come back for it again.

Erin McDowell/Business Insider

Chain restaurants like Chili's are coming for fast-food giants in the latest bout of the value wars

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Photo illustration of Mcdonald's and Chili's burgers.
Fast-food prices are climbing, and chain restaurants like Chili's are coming for fast-food giants with meal deals in a bid to win the value wars.

UCG/Getty Images; Chili's; Jenny Chang-Rodriguez/BI

I went to Red Lobster for the first time. Here are 7 things that surprised me.

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red lobster times square
I dined at Red Lobster for the first time and was surprised by the large portion sizes and high menu prices.

Erin McDowell/Business Insider

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