[Bug]: Picker text overflow does not wrap according to spec

### Code of conduct

- [X] I agree to follow this project's code of conduct.

### Impacted component(s)

sp-picker

### Expected behavior

Menu item text overflow should wrap according to:
https://spectrum.adobe.com/page/picker/#Text-overflow

### Actual behavior

The menu items in `sp-picker` component do not wrap on text overflow

### Screenshots

### What browsers are you seeing the problem in?

Chrome

### How can we reproduce this issue?

Issue can be reproduced with the sample code snippet

### Sample code or abstract reproduction which illustrates the problem

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### Severity

SEV 4

### Logs taken while reproducing problem

_No response_

Start with the sp-picker reproduction and compare its menu item text behavior with the Spectrum picker text-overflow specification. Verify the long sample item in Chrome and trace the sp-picker or sp-menu-item implementation; done means overflowing menu text wraps according to the linked specification without breaking the other items.

Written by the indexing model from the issue text.