diff --git a/packages/google-cloud-retail/CHANGELOG.md b/packages/google-cloud-retail/CHANGELOG.md
index 8325b0e0f983..994d1b034af5 100644
--- a/packages/google-cloud-retail/CHANGELOG.md
+++ b/packages/google-cloud-retail/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [0.4.0](https://www.github.com/googleapis/python-retail/compare/v0.3.1...v0.4.0) (2021-07-29)
+
+
+### Features
+
+* Add restricted Retail Search features for Retail API v2. ([#68](https://www.github.com/googleapis/python-retail/issues/68)) ([84ba173](https://www.github.com/googleapis/python-retail/commit/84ba173d4eadd75cc5289ce76ee800909b20a5ff))
+
 ### [0.3.1](https://www.github.com/googleapis/python-retail/compare/v0.3.0...v0.3.1) (2021-07-26)
 
 
diff --git a/packages/google-cloud-retail/setup.py b/packages/google-cloud-retail/setup.py
index d1716aafcc42..3b38865fc53d 100644
--- a/packages/google-cloud-retail/setup.py
+++ b/packages/google-cloud-retail/setup.py
@@ -19,7 +19,7 @@
 import os
 import setuptools  # type: ignore
 
-version = "0.3.1"
+version = "0.4.0"
 
 package_root = os.path.abspath(os.path.dirname(__file__))