In your admin section, go to languages, select english, on the next page put in txt_welcome as a search filter and select text from the drop-down menu.
I believe it will be there. At any rate, it's stored in the language database.
You'll need to edit it for each language you use, if you use more than just english.
You can also edit that welcome area further outside the database by editing /skin1/customer/main/welcome.tpl
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