A package (10) having a recloseable pour spout (28) is disclosed, with the package including front and rear package panels (12,14) which may be joined at respective side edges thereof by inwardly extending side gussets (16,18). An upper edge portion of the package is removable, including one of the side gussets, to form a pour spout (28) for dispensing the contents of the package. A fastener strip (30), which can be detachably connected to itself, extends between confronting inside surfaces of the front and rear package panels (12,14), adjacent to the pour spout (28), whereby the pour spout can be conveniently closed after the package is initially opened. The package can include a longitudinal seal (40) which extends from adjacent the pour spout (28) to overlap the fastener strip (30); When the package includes side gussets, the package may include an arrangement of corner seals, with the corner seals at the one of the gussets at which the package pour spout is formed not extending the full length of the package, thereby desirably facilitating shaping of the package to form the pour spout. A method of forming the present package is also disclosed.