I use this to reiterate sight words, theme words, etc. The kids high five each word and say them out loud before they leave the classroom. They LOVE it and I can see who knows their sounds and who needs extra help!
A story corner is a great way to model reading! There should be a library in the classroom organized by reading level, genre, and topic. Some should be displayed forward for the cover to be shown. It will become a popular place to be in Class!