In 1966, Richard M. Schulze and James Wheeler launched an audio specialty store called Sound of Music. However, in 1983, they decided to re-brand the business as Best Buy and shift their focus towards consumer electronics. Over the years, Best Buy has grown into a multinational retailer in the consumer electronics industry. Best Buy received accolades from Forbes, being named the company of the year in 2004 and recognized as one of the top 10 most generous American corporations in 2005. Customers can find a wide range of products at Best Buy, including appliances, TVs, computers, smartphones, wearable technology, cameras, drones, video games, car electronics, furniture, smart home products, and security systems.