Why would some special mode be needed? I use ctrl+ to get a font size I like, then I set my browser window to a size where the text reflows to what I like. HTML is made to make it easy for the reader. And equally easy on mobile (phone, tablet)
However, with reader mode it goes straight to my preferred font size, has nice margins, and basically everything is formatted in a very readable way. It still reflows and changes width with the window, but the rest of the formatting is better as well. I really hate text that goes right to the edges of the windows with no margins. Just a personal preference, but for me the quickest path to dramatically improved readability on some sites is reader mode.