diff --git a/CHANGELOG.md b/CHANGELOG.md
index e4eb6f45..3e2f33c6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,12 @@
 # Changelog
 
+## [1.3.0](https://github.com/googleapis/python-retail/compare/v1.2.1...v1.3.0) (2022-01-14)
+
+
+### Features
+
+* update grpc service config settings to reflect correct API deadlines ([#120](https://github.com/googleapis/python-retail/issues/120)) ([e7649c7](https://github.com/googleapis/python-retail/commit/e7649c731ed741e7365dc4b9573dcdd770528929))
+
 ### [1.2.1](https://www.github.com/googleapis/python-retail/compare/v1.2.0...v1.2.1) (2021-11-01)
 
 
diff --git a/setup.py b/setup.py
index 2748557e..2da4c0a9 100644
--- a/setup.py
+++ b/setup.py
@@ -19,7 +19,7 @@
 import os
 import setuptools  # type: ignore
 
-version = "1.2.1"
+version = "1.3.0"
 
 package_root = os.path.abspath(os.path.dirname(__file__))