Ghermezian family: The builders of North America's three largest shopping malls

In the early 1950s, Jacob moved his family to Montreal where he opened Ghermezian Bros. on Sherbrooke Street. By the mid 1960s, the business included 16 stores across North America, and was the largest importer of oriental rugs to the United States. In 1964, the family moved west and settled in Edmonton, hoping to capitalise on the province's booming oil economy.