No, most traders are specialized, Rylee is a trader, so she can only improve trading posts, Anne Hargraves is a seamtress, so she will improve the clothing emporium.. Certain traders with names are false traders like the Vaul Tech Rep, he can't improve any post.
If you put him in a general store he sells one piece of legendary armour.
He also sells a lot more junk then normal. If He's a false trader who can't improve any post then so is Rylee
Yes, he does that but he doesn't improve the store to level 4. He's like a pseudo one.
I'm not sure what you're expecting to have happen when you assign them to the store. It doesn't physically change, but those "level 4" traders offer a piece of legendary equipment and an overall better selection than a standard Settler would. The Vault Tec Rep included.
As far as i know hes general store trader same as Rayle and Holt Combes, all other emporiums only have 1 NPC avilable for them(for the lvl 4 upgrade).