Hoagies gifted on Facebook just posted this scholastic top -100 list with a few suggestion for reading by age group. The 4-8 year olds it recommended reading to them, even if they can read. Look at the title and pictures before you read. Discuss. After you read encourage the kiddo to re-tell the story, prompting with, "and then what happened?"

http://www.scholastic.com/100books/

Youth lives by personality, age lives by calculation. -- Aristotle on a calendar