diff --git a/CHANGELOG.md b/CHANGELOG.md
index de42a2b8..143edd7d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,13 @@
 
 All notable changes to this project will be documented in this file. See [standard-version](https://github.com/conventional-changelog/standard-version) for commit guidelines.
 
+### [0.88.1](https://github.com/carbon-design-system/carbon-components-svelte/compare/v0.88.0...v0.88.1) (2025-03-12)
+
+### Bug Fixes
+
+- **select:** falsy item `text` should not override `value` ([#2118](https://github.com/carbon-design-system/carbon-components-svelte/issues/2118)) ([663b79a](https://github.com/carbon-design-system/carbon-components-svelte/commit/663b79ad054d14a91a8bf700feb62dcf50976eb8)), closes [#2117](https://github.com/carbon-design-system/carbon-components-svelte/issues/2117)
+- **ui-shell:** `HeaderAction` uses dark color scheme ([#2119](https://github.com/carbon-design-system/carbon-components-svelte/issues/2119)) ([7ff93ad](https://github.com/carbon-design-system/carbon-components-svelte/commit/7ff93ad2dac489859d5b4a83c1e359a6507718b4))
+
 ### [0.88.0](https://github.com/carbon-design-system/carbon-components-svelte/compare/v0.87.7...v0.88.0) (2025-03-09)
 
 ### Features
diff --git a/COMPONENT_INDEX.md b/COMPONENT_INDEX.md
index f67f99d3..b97158aa 100644
--- a/COMPONENT_INDEX.md
+++ b/COMPONENT_INDEX.md
@@ -1,6 +1,6 @@
 # Component Index
 
-> 165 components exported from carbon-components-svelte@0.87.8.
+> 165 components exported from carbon-components-svelte@0.88.1.
 
 ## Components
 
diff --git a/package-lock.json b/package-lock.json
index a74618d7..01a204ba 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "carbon-components-svelte",
-  "version": "0.87.8",
+  "version": "0.88.1",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "carbon-components-svelte",
-      "version": "0.87.8",
+      "version": "0.88.1",
       "hasInstallScript": true,
       "license": "Apache-2.0",
       "dependencies": {
diff --git a/package.json b/package.json
index eddff5ef..97239e25 100644
--- a/package.json
+++ b/package.json
@@ -1,6 +1,6 @@
 {
   "name": "carbon-components-svelte",
-  "version": "0.88.0",
+  "version": "0.88.1",
   "license": "Apache-2.0",
   "description": "Svelte implementation of the Carbon Design System",
   "type": "module",