New York (CNN Business) Chuck E. Cheese's parent company, CEC Entertainment, filed for bankruptcy Thursday, blaming the financial strain caused by Covid-19 and the prolonged closures of its entertainment centers from stay-at-home orders issued across the United States. The company expects to operate normally, which includes the reopening of its Chuck E. Cheese locations. So far, nearly half of Chuck E. Cheese's 555 locations have reopened, with plans to reopen more locations weekly. The company has at least 16,400 employees, including 400 in its corporate offices as of 2019. It has locations in 47 US states and 16 countries.

Source: CNN June 25, 2020 11:15 UTC