diff --git a/Gemfile b/Gemfile
index 58ce7e67..9b8ee48c 100644
--- a/Gemfile
+++ b/Gemfile
@@ -10,7 +10,7 @@ gem "rubocop-shopify", "~> 2.9.0", require: false
 gem "mysql2", "~> 0.5.3", platform: :mri
 gem "pg", ">= 0.18", "< 2.0", platform: :mri
 gem "memcached", "~> 1.8.0", platform: :mri
-gem "memcached_store", "~> 1.0.0", platform: :mri
+gem "memcached_store", "~> 2.3.2", platform: :mri
 gem "dalli", "~> 2.7.11"
 gem "cityhash", "~> 0.6.0", platform: :mri
 
diff --git a/gemfiles/Gemfile.min-supported b/gemfiles/Gemfile.min-supported
index 9c76f4b1..16ffb3fa 100644
--- a/gemfiles/Gemfile.min-supported
+++ b/gemfiles/Gemfile.min-supported
@@ -7,6 +7,6 @@ gem "activerecord", "~> 7.0.0"
 gem "mysql2", "~> 0.5"
 gem "pg", "~> 1.1"
 gem "memcached", "~> 1.8.0"
-gem "memcached_store", "~> 1.0.0"
+gem "memcached_store", "~> 2.3.2"
 gem "dalli", "~> 2.7.11"
 gem "cityhash", "~> 0.6.0"