Those Shop Your Way points aren't "free." They are a small discount (1%?) off other purchases (which tend to be higher than other places like Amazon).
But I still like Sears!
The surprise points are free however. And sometimes you get good ones like $10 off $10, $20 off $25, $15 off $15, $5 off any purchase. I sometimes use the $10 off $20s if it makes the item a really good deal (just got a 2-3/8 USA 3/4 drive socket for $11, cheapest from another USA made brand is around $50 or more!).
Last year I spent roughly $50 at sears.
I got over $400 of products for $50 spent due to surprise points, coupons, and other discounts that stack sometimes.. Hammers, rafter's squares, carpenter's squares, soapstones, some USA 3/4 drive sockets, truck toolbox, various USA open stock sockets and wrenches for building an in car tool kit, magnetic levels, and so much other stuff that I don't really remember.
I love sears simply because of the surprise points and getting stuff for free/almost free.
This year I don't have quite the ratio of free/almost free stuff to money spent, but I've also made a purchase or two for things I actually needed (the Stride USA made hose pinch pliers that are rebranded by everyone from Snap On to SK to Craftsman). Still get happy when I see some good surprise points appear. Always ready for more free tools!