Richard M. Schulze and James Wheeler started the business in 1966 as Sound of Music, an audio specialty store. They re-branded the business as Best Buy in 1983 and changed their focus to consumer electronics. Best Buy has become a multinational consumer electronics retailer. Forbes recognized Best Buy as company of the year in 2004 and one of the top 10 most generous American corporations in 2005. Types of products that shoppers can buy from Best Buy include appliances, TVs, computers, smartphones, wearable technology, cameras, drones, video games, car electronics, furniture, smart home products and security systems.