FT’s Picks of the Week highlight notable C-suite moves, brand milestones, tech tidbits and other franchise news, sourced by the Franchise Times editorial team.

Smithfield Foods purchased Nathan’s for $450 million in cash.

The "Doomsday Clock," a metaphor for how close humanity is to self-annihilation, was moved to 85 seconds to midnight on ...

In a full-page ad in the Wall Street Journal, Ye, the artist formerly known as Kanye West, revealed that the right frontal ...

Fear not hot dog eating contest lovers, the iconic Coney Island contest will continue as part of America's Birthday celebrations even though Nathan's Famous has been sold.

MAGA Republicans were sent into a frenzy this week after Nathan’s Famous, the iconic New York-based hot dog brand, was acquired by Smithfield Foods. Smithfield Foods is an American-based subsidiary of ...

For New Yorkers who visit the Coney Island boardwalk every summer, there is one spot they almost always stop at after hours ...

Earlier this month, Graham Granger, a film and performing arts student at the University of Alaska Fairbanks, walked into the ...

Nathan’s Famous was started in 1916 by Nathan Handwerker. He started his nickel hot dog stand with a $300 loan and his wife’s secret recipe.

Smithfield Foods acquires Nathan's Famous in a $450 million all-cash deal announced Jan. 21, 2026, at $102 per share, securing perpetual rights to the iconic hot dog brand amid inflation pressures and ...

Nathan's Famous, which opened as a 5-cent hot dog stand in Coney Island more than a century ago, has been sold to packaged meat giant Smithfield Foods in an all-cash $450 million deal, the companies ...

Pork producer Smithfield Foods announced that it will spend $450 million to acquire Nathan Famous, Inc., the parent company ...