By  on June 1, 2009

Amid recession-driven layoffs, Margo Andros is giving a positive twist to the expression “pink slip.”

Andros expanded her lingerie boutique called Pink Slip to a larger location at Grand Central Station in Manhattan in May and is poised to double annual sales to $2 million by early 2012. Now ensconced in the former Godiva chocolates enclave in the Lexington Avenue passageway, retail space has more than doubled to 773 square feet from the 337-square-foot shop she operated since February 1999 a few paces away.

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