Magnetically closable product accommodating package

A package for containing and dispensing contents includes a magnetic closure. The package defines first and second product accommodating compartments connected by a hinge. An elongate planar magnetic strip (60, 62 Fig. 1 ) is positioned on each compartment. Each strip includes elongate magnetizable particles aligned in a carrier and being magnetizable to define positive and negative charges on opposite surfaces (67, 69) of said strip. The positive and negative charges are alternately arranged in spaced apart alternating columns (60a, 60b) along the opposite surfaces of said planar strip. The strips are positioned on each compartment such that upon foldably closing the compartments, a positively charged column (60a, 60b) of one surface (67) of one planar strip is in juxtaposition with a negatively charged column (60a, 60b) of the other surface (69) of the other planar strip so that the planar strips become aligned under magnetic attraction.