As of now, the commerce_kickstart module doesn't hit format_username(). Consequently, hook_username_alter() doesn't affect the user page on view.
on _commerce_kickstart_user_page_title(), changing:
$username = $account->name;
To:
$username = format_username($account);
solve this issue.
Comments
Comment #1
rszrama commentedMoving to the right queue.
Comment #2
jsacksick commentedThanks, committed http://drupalcode.org/project/commerce_kickstart.git/commit/2de49e7